As the U.S. is Derisking from China, Other Foreign U.S. Suppliers Are Relying More on Chinese Imports
China's share of U.S. goods imports has fallen significantly since 2017 following the U.S.-China tariff hikes and other geopolitical tensions. Even though the U.S. has reduced its direct sourcing from China, other foreign suppliers of U.S. imported goods have increased their reliance on imports from China.
Authors
- Trang Hoang
- Gordon Lewis
Institutions
- Federal Reserve (US)
- Federal Reserve Board of Governors (US)
Publication Details
- Journal
- FEDS Notes
- Published
- 2024-08-01
- DOI
- https://doi.org/10.17016/2380-7172.3498
- Citations
- 1
- Primary Topic
- Global Financial Crisis and Policies
- Type
- article
- Field-Weighted Citation Impact
- 0.54