Chinese container ships to the United States sharply reduced! Apollo economists warn: a new crisis is looming in the US consumer market
Torsten Slk, Chief Economist at the Apollo Research Institute, stated that the sharp decline in the number of containers leaving China for the United States is posing a new economic threat that could weaken the consumption power of American people.
Chief Economist Torsten Slk of the Apollo Research Institute said that the sharp decline in container ship departures from China to the United States is posing a new economic threat, which may weaken the consumption power of American people.
The slowdown in maritime activities has exacerbated the risks of shortages and cost increases of goods, especially against the backdrop of imported goods continuing to bear the pressure of tariffs. The latest data shows a downward trend in overall import freight volume in the United States.
Slk stated: "When consumers are unable to obtain the necessary goods from overseas, and imported goods become more expensive due to tariff policies, consumer spending in the United States will inevitably shrink."
The economist also pointed out that the momentum of consumer spending growth in the United States is facing multiple challenges: continued pressure from tariff barriers, high and stagnant interest rates, student loan repayments, and a reduction in the size of consumer groups due to eviction policies.
The following is a chart provided by the Apollo Research Institute showing the downward trend of container ship volumes from China to the United States:
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