Posted on 07/13/2018 7:38:08 AM PDT by GonzoII
U.S. import prices unexpectedly fell in June after rising sharply a month earlier.
Import price fell 0.4 percent in the month. Import prices were forecast to rise 0.1 percent in June, after climbing 0.6 percent a month earlier.
This is breaking news. Please check back for updates.
(Excerpt) Read more at cnbc.com ...
Exporters slashing prices to try and remain competitive, even after the tariffs? Trying to maintain market share and prevent domestic producers from gearing-up?
what I was thinking.....
And thinking that they can bite the bullet temporarily, and ride out the storm. They are counting on their Deep State and Chamber of Commerce “employees” to eventually reverse the policy.
“Exporters slashing prices to try and remain competitive, even after the tariffs? Trying to maintain market share and prevent domestic producers from gearing-up?”
Be quiet now. Don’t wake up Free Republic’s tariff pushers!
tee hee
I’m all for Trump using tariffs as a means to an end for getting better deals.
Amen! “I’m all for Trump using tariffs as a means to an end for getting better deals.”
Which is precisely what Trump is trying to do.
We’ve never had Free Trade, never will.
winning!
I’m all for tariffs period, and especially when the other side is already using them.
NO ONE can justify the US not protecting itself in an ongoing war. They are the same as crazy peaceniks who want the US disarmed in an armed world.
Which is precisely what Trump is trying to do.
We’ve never had Free Trade, never will.
Oil prices were down in June before climbing again late in the month.
The BLS defines its import and export prices indexes as “containing data on changes in the prices of nonmilitary goods and services traded between the U.S. and the rest of the world.” These measures “show how prices of a market basket of goods and services in international trade change from one period to the next.”
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