Demand for raw materials shows up in data on dry bulk (usually small solid materials like coal, grain and iron ore) or tankers (which transport liquids and gases). Data from shipping companies has revealed that between April and June of 2018 , US imports of Chinese products grew by 10% YoY as companies rushed to beat the $ 34bn worth of sanctions on Chinese goods. After the tariffs came into effect in July , however, imports of the affected products fell by 10% compared to between April and June of 2018 . Similarly, US imports of Chinese steel and aluminium fell 10% YoY after the US tariff was imposed on those metals in March . In September , using Accenture 's analysis of freight and shipping data, Accenture reduced its Chinese trade outlook to 59 .
Data from shipping companies has revealed that between April and June of 2018 , US imports of Chinese products grew by 10% YoY as companies rushed to beat the $ 34bn worth of sanctions on Chinese goods. After the tariffs came into effect in July , however, imports of the affected products fell by 10% compared to between April and June of 2018 . Similarly, US imports of Chinese steel and aluminium fell 10% YoY after the US tariff was imposed on those metals in March . In September , using Accenture 's analysis of freight and shipping data, Accenture reduced its Chinese trade outlook to 59 .