Forbes contributors publish independent expert analyses and insights. Two decades analyzing U.S. trade data by port, country, export, import Exports are down to eight of the top 10 markets, including ...
Tariff front-running opened up a huge gap between imports and exports in the first quarter. That lopped 4.8 percentage points off gross domestic product, the biggest hit in data going back to 1947.
President Donald Trump on May 12 announced that the U.S. and China had agreed to lower the escalating tariff rates on trade for the next 90 days. Massachusetts’ top export, gold, goes mostly to China.