Imports Up 2.6% in Q3, Threat of Tariffs Prompts Little Change
Total sporting goods imports were $5,547.2 million compared to $5,408.2 billion last year in the Jul.-Sep. period with every category relatively even compared to the levels of last year. Interestingly, the threat of tariffs on Chinese made goods produced almost no difference in the percentage of imports represented by China, underscoring just how difficult it is to shift production to new countries and making it likely that, if the trade war continues after the 90-day negotiating period agreed to (See below), the industry will be forced to raise prices to consumers this Spring. China overall accounted for 52.3% of all ... Log in to view full article.