Chinese imports hit peak at U.S. ports

Staff Writer | July 16, 2018

Chinese imports to U.S. ports rose more than expected in June, suggesting that some retailers moved up orders to insulate themselves from an intensifying trade war that threatens to send up costs on a growing number of consumer products.

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The volume of loaded shipping containers from China to all U.S. ports was up 6.3 percent in June from a year earlier after falling 6.9 percent in May and 3.9 percent in April, said Gene Seroka, executive director of the Port of Los Angeles, the busiest U.S. container port and No. 1 hub for ocean trade with China.

China said on Friday exports unexpectedly accelerated in June. The commerce ministry confirmed that Chinese exporters were front-loading shipments to the United States to get ahead of expected tariffs. ■

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Chinese imports hit peak at U.S. ports

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