In 2017, approximately 21.6% of U.S. imports came from China. As of 2024, that number has dropped to 13.3%. That’s an average annual decrease of 1.19% in reliance on China. At that rate—in theory—we could be fully divested from Chinese imports by 2035. That’s just ten...
The trade war and the recent tariffs it has unleashed have sparked considerable debate. On one hand, critics argue that these measures are short-sighted and disrupt global supply chains, leading to higher costs for consumers. On the other hand, supporters claim that...
Tariffs, especially the Trump Tariffs, have created a ripple effect across the US wholesale market. If you’re a business that purchases goods from US distributors, you’ve likely experienced rising costs. With distributors raising their prices to cover the...
In recent years, the Trump administration’s tariffs have been touted as a way how to increase US Manufacturing, to boost American manufacturing. With the intention of bringing more production back to the US from overseas, particularly China, Mexico, and Canada, the...
