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Open original source ↗Imports rocketed up in Q1 cause of impending tariffs which made GDP look bad
Now big inventory destocking in Q2, temprarily lowering imports with hope tariffs go away
That means GDP goes up temporarily, which Trump is def gonna champion as tariffs growing the economy
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28% of the customers in @flexport's call down yesterday said they're pausing all ocean freight bookings from Asia until there's more clarity on where tariffs will end up.
typesfast ↗