Tag: Trade Data
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The WTO’s Goods Trade Barometer climbs to 102 as merchandise flows hold above trend, defying a record surge in tariffs, import bans, and subsidies worldwide GENEVA, September 10, 2026. Global goods trade is not just surviving the most turbulent trade policy environment in a generation. By the World Trade Organization’s own measure, it is quietly…
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Los Angeles posts its second-busiest July on record as importers race tariff deadlines, but the early peak season is running out of cargo to pull forward SAN PEDRO, Calif., Aug. 19, 2026 – The Port of Los Angeles moved 960,464 twenty-foot equivalent units in July, the second-busiest July in its 119-year history, port officials announced…
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Import Levels Defy Prediction: The Elasticity Question One of the most significant economic surprises of 2025 has been the stability of US import volumes despite aggressive tariff increases. Economic theory predicts that tariffs increase the price of imports, which reduces demand for imported goods as consumers and businesses substitute toward domestic alternatives or reduce consumption.…
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Record Trade Volumes Mask Persistent Deficit Dynamics US trade reached record levels in 2025, with exports rising to 3.43 trillion dollars, up 6% year-over-year, while imports climbed to 4.33 trillion dollars. Despite these record volumes, the structural trade deficit persists largely unchanged. The deficit remained near 901 billion dollars, reflecting a fundamental imbalance between what…