US Goods Imports Drop 20% in April Amid Tariff Impact
TL;DR Summary
The article discusses the early signs of the impact of Trump's tariffs on the US economy, including a plunge in imports, Moody's lowering of the US credit rating due to rising debt and deficits, and market concerns about trade policy volatility and its effects on growth and financial stability.
- US imports plunge in early sign of Trump tariff impact politico.eu
- Goods Trade Deficit Plummets in April WSJ
- Imports plunge in early sign of Trump tariff impact Politico
- US Consumers Hit the Brakes While Goods Imports Plunged in April Bloomberg.com
- US goods imports tumble 20% in April as Donald Trump’s tariffs disrupt trade Financial Times
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