Impact of Tariffs, Declining PMI on U.S. Imports and Exports
Supply Chain Matters
MAY 6, 2025
We observed that the overall April data not only points to a state of global wide contraction in production and procurement activity but qualitative indicators of cutbacks in new or export order levels not seen since the initial time of the global pandemic in 2020. Import Trade Declines Impact U.S. exports, supply chain data shows.
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