Where Data Tells the Story
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In Q2 2025, U.S. imports from China dropped to $64.8 billion — the lowest quarterly level since Q1 2006. Year-over-year, imports fell 36% and exports declined 29%, leading to a 34% contraction in total trade and a 39% reduction in the U.S. trade deficit with China. The steep downturn underscores how trade policy shifts and supply chain realignments are reshaping bilateral commerce.