Global Trade Forecast Drops; Section 232 Tariffs Set To Intensify
Source: SeekingAlpha
2025-05-08 08:30:00 ET
Summary
- US imports surged 41.3% in the first quarter of this year, led by medicinal and tech products.
- Container bookings dropped sharply in April, leading to a lowered 2025 trade growth forecast of 1.2%.
- Section 232 tariffs are expected to not only remain but intensify, with adjustments and reimbursements to be made amid US stagflation.
By Inga Fechner
US imports surge amid anticipation of Trump's tariffs
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Global Trade Forecast Drops; Section 232 Tariffs Set To Intensify
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