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re: October trade data in: biggest monthly trade deficit in over 10 years

Posted on 12/6/18 at 9:58 am to
Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
18846 posts
Posted on 12/6/18 at 9:58 am to
quote:

For the first year in 10 years, americans are buying cheap plastic shite from china! You nailed it right there buddy.



Nope. One month a trend does not make and the Christmas push is likely an aberration. But keep cheering against the US.
Posted by brian_wilson
Member since Oct 2016
3581 posts
Posted on 12/6/18 at 10:05 am to
quote:

One month a trend does not make and the Christmas push is likely an aberration. But keep cheering against the US.

You didn't read the article, did you? The trend is bad on exports and imports.

now, I am surprised that someone hasn't said - this is businesses filling their inventory before the next round of tariffs hit. This is at least partially what is going on.
Posted by MrLarson
Member since Oct 2014
34984 posts
Posted on 12/6/18 at 10:27 am to
quote:

One month a trend does not make and the Christmas push is likely an aberration


Most Chinese suppliers were giving guarantees to customers that if you placed orders by a certain deadline in Oct that you would not be subject to the new tariffs on Jan 1 and they would eat them if you products hadn't cleared customs by Jan 1.

It sucks that we missed our deadline and have a 20k line item on our latest order.
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