Tariffs prompt record plunge in US imports

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U.S. imports plunged 20% in April—the largest monthly drop on record—after President Trump’s new wave of tariffs took effect, following a rush by firms to import goods earlier in the year. Imports from China and Canada fell to their lowest levels in years, and the overall goods trade deficit was nearly cut in half. Trump’s broad tariffs, now at their highest levels since the 1930s, aim to boost domestic manufacturing and leverage trade negotiations, the BBC has reported. Talks with China are ongoing, but the tariffs have already disrupted global trade, slashing exports to the U.S. from countries like Mexico and Canada. read more: 📉 U.S. imports just dropped 20%—the largest plunge ever. Is this a smart strategy to boost American manufacturing, or will it backfire? 💬 Drop your thoughts: Will tariffs fix trade imbalances or worsen inflation and supply chain issues? 🔁 Share this update with friends watching global markets or running small businesses. 🛠️ Hit the Thanks button if you want more clear breakdowns of trade policy and economic shifts. 👉 Subscribe for more quick-hit updates on tariffs, trade, and how White House policies are reshaping the U.S. economy. Thanks for tuning in—stay informed and economically sharp. 💼📊🇺🇸 Links for B.C. Visit My Website Follow Me On Facebook Subscribe To My Patreon Watch Me On YouTube Follow Me On Twitter Watch Me On Rumble Follow Me On Gab Follow Me On Truth Social Follow Me On BlueSky Watch Me On TikTok #Tariffs #USImports #TradeWar #TrumpEconomy #GlobalTrade