US-China trade has plummeted to its lowest point since the 2020 pandemic, with imports from China falling to $25.4 billion in April and exports declining to $8.2 billion. Despite this, experts say the data doesn’t indicate a weakening economy, as companies stockpiled goods before tariffs were imposed. The surge in imports may have created an inventory bubble, prompting companies to sell products before they expire.
Source: https://www.axios.com/2025/06/05/trump-tariffs-imports