Are Chinese Goods Still Reaching the U.S.?
The trade shift most leaders are still misreading
Tariffs were supposed to reduce dependence on China.
And on paper, they did.
US–China trade fell by nearly 30%.
That looks like a clear outcome.
But something doesn’t add up.
Because the system doesn’t behave like it lost 30%.
So, the real question is not: “Is trade with China falling?”
It is: 👉 “If trade is down 30%… why doesn’t the system feel smaller?”
👉 What most of the market is still missing here: