US imports in record decline

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US imports of goods fell by 20% in April 2025, the largest monthly decline ever recorded, according to visualcapitalist.com. Overall, imports of goods fell to $275.9 billion in April, from $344.6 billion in March, as tariffs imposed by the Trump administration hit US trade. So far, the cost to companies is estimated at $34 billion, with the consumer goods and auto sectors among the hardest hit. The cited source shows that, according to data from the US Census Bureau, imports of consumer goods

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