Domestic goods orders increased in March before the Trump tariff
Domestic goods orders increased in March before Trump’s introductory announcement on April 2, almost completely driven by demanding transport and increasing commercial aircraft orders specifically.
New requests for manufactured commodities increased by 9.2 percent to $ 315.7 billion in March, compared to 0.9 percent in February. Economists expected only 2 percent to increase.
Transport equipment orders increased by 27 percent a month, while civil aircraft orders appeared by 139 percent. Civil capital goods orders increased by 29.4 percent.
Boeing manufactured in the United States of the United States of aircraft has informed 192 aircraft in March, according to the Aviation Market Research Center. Singapore -based BOC ordered 50 aircraft, the Korean Air ordered 40 birds, and the Japanese Airlines ordered 17 birds.
With the exception of the transport category, the durable goods were flat from February to March.
The reinforced orders came before the “Tahrir Day” tariff came on April 2, in which he announced a 10 % general tariff for imports to the United States
Trump’s trade war is now a 145 percent tariff for Chinese imports and targeted targets on wood, cars, steel and aluminum, among other goods.
The effective rate of the United States is now about 25 percent according to the International Monetary Fund, which is the highest level in more than a century.
According to what was reported, China ordered the airlines not to accept the delivery of Boeing aircraft because the United States and China are still blocked in trade. While the markets were optimistic about the possibility of talks between the two countries on Wednesday, either side did not take a first step.
Shipping experts said earlier this month that they were witnessing an increase in advanced shipments of requests – something that the international supply chain experts said they started last fall.
But this increase is expected to fall.
“It seems that two to three weeks of thirteen decent, which may be the end of this increase in the interim store, the inventory we see,” said Jin Seroca, Director of Los Angeles Port earlier this month.
He added: “World trade will slow down as companies try to know what all this means and how they can reduce these unusual increases in costs.”
