Chart: American Imports Post Record Monthly Decline

By Dorothy Neufeld – Visuzl Capitlaist

In April, U.S. goods imports dropped 20% in the largest monthly decline on record.

Overall, goods imports fell from $344.6 billion in March to $275.9 billion as Trump tariffs weighed on U.S. trade activity. So far, the cost to corporations is estimated to be $34 billion, with the consumer goods and automotive sectors hit among the hardest.

This graphic shows the decline in American imports across major categories, based on data from the U.S. Census Bureau.