US imports from its largest supplier China have slumped by 12.5 percent due to the ongoing trade war. Meanwhile, Mexico and Vietnam have been filling this gap with massive import increases.
According to the latest report by the US-based Census Bureau, America’s purchases from Mexico over the past several months posted their biggest increase, rising by 5.5 per cent or $12.4 billion compared to the same period last year. Meanwhile, imports from China declined by $43.25 billion from the same period of 2018, making its lead over America’s number two goods supplier not as confident as before.
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