US’s indirect reliance on Chinese goods rises – NY Fed research

Study finds country’s largest partners are importing increasing amounts of goods from China

China-US trade tariffs

Although the US is making efforts to lessen its reliance on Chinese imports, its indirect reliance on them is increasing, according to research from the Federal Reserve Bank of New York.

The paper – written by Trang Hoang and Gordon Lewis and published on August 2 – says foreign suppliers of goods imported into the US are increasingly reliant on imports from China.

Using data from the US Census Bureau and UN Comtrade, they say that in 2017 the average US supplier sourced 14.5% of its total goods

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.