Prices of imported goods from the US fell a month before Trump's comprehensive package of tariffs came into effect. According to data released by the US Department of Labor on Tuesday, import prices fell 0.1% in March compared to the previous month. This is the first time since September last year that import prices have declined sequentially. The Department of Labor said: “The fall in fuel import prices in March offset the increase in non-fuel import prices.” At a time when global oil and gas prices are falling, imported fuel prices, including oil, and natural gas, fell this month. This is seen as a harbinger of a global economic slowdown, and the main reason for the global economic slowdown is Washington's protectionist trade policies. Starting this month, many imported goods will be subject to new tariffs, which could cause future import prices to soar.

Prices of imported goods from the US fell a month before Trump's comprehensive package of tariffs came into effect. According to data released by the US Department of Labor on Tuesday, import prices fell 0.1% in March compared to the previous month. This is the first time since September last year that import prices have declined sequentially. The Department of Labor said: “The fall in fuel import prices in March offset the increase in non-fuel import prices.” At a time when global oil and gas prices are falling, imported fuel prices, including oil, and natural gas, fell this month. This is seen as a harbinger of a global economic slowdown, and the main reason for the global economic slowdown is Washington's protectionist trade policies. Starting this month, many imported goods will be subject to new tariffs, which could cause future import prices to soar.