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US Imports Plummet 7.9% Amid Tariff Crisis

7/23/2025

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Story summary
  • US imports decreased by 7.9% year-over-year in June 2025, continuing a two-month decline.
  • Analysts link the decline to tariffs, predicting no immediate recovery.
  • Stellantis, the automaker, reported a significant net loss of $2.7 billion for the first half of the year.
  • The Commerce Department imposed a 93.5% tariff on graphite imports from China.