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Trump trade tariffs slump widens to 'nearly all U.S. exports,' supply chain data shows

  • U.S. Exports have sharply declined across nearly all major ports since January 2025, worsening nationwide by April amid trade disruptions.
  • This export slump follows a steep drop in U.S. Imports caused by manufacturing order cuts and tariff increases on Chinese goods starting in April 2025.
  • Agricultural exports like soybeans, corn, and beef have suffered the hardest hits, with ports such as Oregon and Tacoma reporting decreases of 51% and 28%, respectively.
  • Vizion recorded a 43% week-over-week container import drop in late April, while Matson reported a 30% year-over-year volume decline since tariffs began, illustrating broad trade impacts.
  • These trends risk tightening retail inventories and disrupting supply chains, with experts warning this continued slump could lead to significant economic challenges by mid-2025.
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CNBC broke the news in United States on Tuesday, May 6, 2025.
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