Trade War Fallout: US Exports to China Nosedive Across Key Sectors

China’s imports of key US products plummeted in the first two months of the year following President Trump’s tariff impositions and Beijing’s retaliation, potentially signaling widespread disruption to global trade. According to Bloomberg’s analysis of recently released data, Chinese purchases of US cotton fell by almost 80% compared to the previous year, while imports of large-engined cars decreased by nearly 70%. Additionally, China’s imports of crude oil and liquefied natural gas from the US dropped by more than 40%, highlighting the significant impact of the trade tensions on various sectors

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#ChinaImports #USTariffs #TradeRelations #CottonMarket #EconomicImpact

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