URGENT: Tariffs Just Triggered a 64% Drop in Imports — This Is Just the Start
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Show Notes
If you are in any way interested in precious metals, you need to see what today's video sponsor, Monetary Metals, is doing with them at the link below:
http://www.monetary-metals.com/Snider/
We're moving out of the theoretical impacts from tariffs and global weakness and into the reality of the situation. The first data from April is coming in from a variety of sources. China is seeing major reactions, as did South Korea. Hardly being spared, the response in Philly manufacturing was near-historic. Here comes the data for all those dependent.
Eurodollar University's Money & Macro Analysis
CNBC Trade war fallout: Cancellations of Chinese freight ships begin as bookings plummet
https://www.cnbc.com/2025/04/16/trade-war-fallout-china-freight-ship-decline-begins-orders-plummet.html
Bloomberg Shrinking Korea Exports Send Global Warning on Trump Tariffs
https://www.bloomberg.com/news/articles/2025-04-21/south-korea-s-early-trade-data-show-exports-shrank-after-tariffs
Hankyoreh BOK warns of negative economic growth in Q1, hinting at another downgrade in May
https://www.hani.co.kr/arti/english_edition/e_business/1193165.html
Conference Board March 2025 LEI
https://www.conference-board.org/topics/us-leading-indicators
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU