Forecast 2025
Member Exclusive
US-China Trade Grew in Q3 Despite Ongoing Tensions
Key Takeaways
- US-China trade experienced its first year-on-year increase in two years last quarter.
- Growth in bilateral trade was driven mainly by an increase in US imports from China, as US consumers spent more and companies front loaded shipments in advance of the US port strike that occurred between late September and early October.
- Bilateral trade is anticipated to maintain its upward trajectory during Q4, as importers in both countries ramp up orders in anticipation of trade tensions increasing under the incoming US administration.
