Did you know that we just witnessed the largest decline in U.S. imports in the entire history of our nation last month?  Unfortunately, things didn’t get any better this month.  In fact, during the final week of May imports at major ports on the west coast are down by almost a third compared to last year.  This is going to have a dramatic impact on our economy in the months ahead, and meanwhile a new crisis with China has just erupted.  The Chinese have been caught violating their 90 day trade agreement with the United States, and President Trump is extremely upset about this.  Of course the Chinese are extremely upset that President Trump is planning to increase arms sales to Taiwan.  Both sides deeply distrust one another at this stage, and if things continue to deteriorate our relations with China could soon resemble a gigantic dumpster fire.

The post Traffic At U.S. Ports Has Absolutely Plummeted Compared To Last Year, And A New Crisis Threatens To Turn U.S. Relations With China Into A Massive Dumpster Fire was first published by Michael Snyder on The Economic Collapse Blog and is republished here with his permission. Please support his efforts.