Business
Plastic Spoons, Umbrellas, Violins: A Guide to What Americans Buy From China
Tariffs are up. Tariffs are down. Shipping is frozen. Shipping is back on.
In the past several weeks, Chinese imports to the U.S. have been on a seesaw, leaving Americans uncertain how tariffs will affect their lives.
It’s impossible to say what tariffs will do to the price or availability of any particular item, although even the Trump administration’s current level of 30 percent tariffs — on top of previous levies — will certainly make many things more expensive.
But thanks to detailed trade data, we know what Americans buy from China, and how much of it, and thus what might be most sensitive to future swings in trade status.
Here are several ways of understanding what’s on those container ships, based on 2024 data from the U.S. International Trade Commission.
First, the products where the greatest share of our imports are Chinese imports:
Goods Americans import almost exclusively from China
ITEM
Pct. from
ChinaImports
from China
in millions
1
Baby carriages
97%
$380
2
Artificial plants
96%
$991
3
Umbrellas
96%
$491
4
Filing cabinets
96%
$88
5
Vacuum flasks
96%
$1,634
6
Fireworks
95%
$465
7
Children’s picture books
93%
$505
8
Portable lighting
91%
$901
9
Combs
91%
$367
10
Travel kits
90%
$42
This list is the simplest way to think about which Chinese goods the U.S. relies on most. But percentages aren’t everything. Americans buy so much from China that even goods with smaller imported shares from there could still be significantly affected by tariffs.
Chinese goods that Americans spend the most on
ITEM
Pct. from
ChinaImports
from China
in millions
1
Telephones
42%
$50,085
2
Computers
26%
$35,473
3
Electric batteries
58%
$17,022
4
Other toys
76%
$13,463
5
Motor vehicles; parts and accessories
11%
$9,059
6
Video and card games
78%
$7,083
7
Video displays
33%
$6,770
8
Electric heaters
55%
$6,607
9
Seats
26%
$6,582
10
Packaged medications
6%
$6,146
This list skews slightly toward more expensive goods that the average American purchases infrequently, particularly electronics. But the International Trade Commission also tracks how many of each good the U.S. imports.
Chinese goods with huge U.S. import quantities
ITEM
Pct. from
ChinaItems imported
from China
in millions
1
Plastic housewares
79%
67,895
2
Other plastic products
45%
19,158
3
Plastic lids
22%
13,688
4
Electrical capacitors
11%
12,125
5
Semiconductor devices
3%
11,368
6
Electrical resistors
11%
9,276
7
Other toys
76%
6,390
8
Other cloth articles
64%
5,466
9
Shaped paper
38%
3,895
10
Low-voltage protection equipment
15%
3,626
In that list, you can see Americans’ well-documented reliance on China for plastic products.
Many of America’s major imports from China are consumer goods: things you buy for yourself, like clothes, housewares or entertainment. Drill down into those categories and specific products stand out.
For example, American wardrobes are somewhat dependent on China: about a fifth of U.S. clothing imports. But a majority of neckties and gloves and pantyhose are imported from China.
Clothing
ITEM
Pct. from
ChinaImports
from China
in millions
1
Hosiery
58%
$149
2
Neckties
57%
$52
3
Gloves
53%
$724
4
Handkerchiefs
53%
$13
5
Women’s and girls’ bathrobes
50%
$217
The U.S. is more reliant on China for things made with polyester and nylon (like pantyhose) than for those made with cotton.
Athletes, especially racket-sport players, are also dependent on China:
Sporting goods
ITEM
Pct. from
ChinaImports
from China
in millions
1
Badminton or similar rackets
94%
$64
2
Equipment for table tennis
81%
$34
3
Lawn-tennis rackets
70%
$41
4
Gym and athletic equipment
69%
$1,652
5
Other sports and pool equipment
64%
$1,345
There are also consumer-goods categories whose “Made in China” status may not be as well known. For example, the U.S. gets a lot of its imported string instruments — such as violins and cellos — from China.
Musical instruments
ITEM
Pct. from
ChinaImports
from China
in millions
1
String musical instruments played with a bow
83%
$31
2
Brass-wind instruments
44%
$49
3
Percussion musical instruments
36%
$42
4
Wind musical instruments except brass
27%
$48
5
Grand and upright pianos
4%
$4.8
The Japanese company Yamaha manufactures some of its instruments in China, including trumpets and drums.
The U.S. also relies on China for many of its vitamins …
Vitamin derivatives
ITEM
Pct. from
ChinaImports
from China
in millions
1
Vitamin B6
90%
$32
2
Vitamin B1
88%
$43
3
Vitamin B12
85%
$59
4
Vitamin C
73%
$139
5
Vitamin B3 and B5
72%
$35
… and eels. (China has a robust eel farming industry.)
Fish
ITEM
Pct. from
ChinaImports
from China
in millions
1
Preserved eel
95%
$38
2
Frozen cod-like fish
91%
$8.5
3
Frozen tilapia fillets
75%
$308
4
Dried, salted and brined cod-like fish fillets
69%
$37
5
Frozen flatfish fillets
65%
$58
Then there are the goods that the U.S. imports primarily to put inside other things, like car parts.
Car parts
ITEM
Pct. from
ChinaImports
from China
in millions
1
Vehicle windshields and window parts
32%
$358
2
Motor vehicle wheels and accessories
31%
$1,338
3
Vehicle parts: brakes, servo-brake and parts
25%
$1,697
4
Bumpers and parts for motor vehicles
5%
$79
5
Seat belts for motor vehicles
4%
$11
The U.S. relies heavily on Chinese imports to build electric vehicles in particular: Some 70 percent of its imported lithium-ion batteries are from China.
Even batteries made in the U.S. often rely on raw materials from China, particularly graphite. (China tightened its export controls on graphite at the end of last year, so this year’s numbers could end up looking very different.)
Critical minerals used in E.V. batteries
ITEM
Pct. from
ChinaImports
from China
in millions
1
Graphite and artificial graphite
62%
$376
2
Manganese ores, oxides and articles
37%
$86
3
Cobalt ores, oxides, hydroxides and articles
2%
$9.8
4
Nickel ores, oxides, hydroxides, sulphates and raw nickel
2%
$30
5
Lithium oxide, hydroxide and carbonate
1%
$2.6
Mr. Trump’s newest tariffs are not the only levies imposed on Chinese goods, and there’s a complicated interplay of which tariffs apply to which products. Some goods that a lot of Americans buy received exemptions from the latest tariffs (though perhaps not future ones), including one item the U.S. imports almost exclusively from China: children’s books.
Select exempted goods
ITEM
Pct. from
ChinaImports
from China
in millions
1
Children’s picture, drawing or coloring books
93%
$505
2
Smartphones
73%
$40,675
3
Portable computers
66%
$32,169
That’s a window into what Americans buy from China. But for some imports, the U.S. doesn’t rely on China. It’s a list that includes large vehicles, precious metals and tomatoes, all of which America imports largely from other countries.
Goods that the U.S. imports the least from China
ITEM
Total imports
in millions
1
Delivery trucks
$47,524
2
Other precious metal products
$21,231
3
Planes, helicopters, and/or spacecraft
$18,309
4
Diamonds
$15,938
5
Raw aluminum
$10,113
6
Refined copper
$8,627
7
Platinum
$6,973
8
Wine
$6,697
9
Other fruits
$5,923
10
Silver
$5,088
It’s also worth noting what America exports to China. Though the U.S. sends fewer goods to China than it receives, these could still be affected in a trade war. (China has been instituting its own exemptions, which are broader than those of the U.S.)
Goods that the U.S. exports the most to China
ITEM
Exports
to China
in millions
1
Soybeans
$12,761
2
Civilian aircraft
$11,522
3
Integrated circuits
$8,716
4
Vaccines, blood, antisera, toxins and cultures
$6,680
5
Petroleum gas
$6,187
6
Crude petroleum
$6,160
7
Cars
$4,931
8
Machines used to manufacture semiconductor devices, electronic integrated circuits or flat panel displays
$4,170
9
Medical instruments
$3,460
10
Scrap copper
$2,795
To let you take a closer look at what America does and doesn’t import from China, we’ve included a searchable list below of all goods for which the U.S. imported at least $20 million (from any country) in 2024, excluding America’s major exports.
ITEM
Pct. from
ChinaImports
from China
in millions
1
Baby carriages
97%
$380
2
Artificial plants
96%
$991
3
Umbrellas
96%
$491
4
Filing cabinets
96%
$88
5
Vacuum flasks
96%
$1,634
6
Fireworks
95%
$465
7
Children’s picture books
93%
$505
8
Portable lighting
91%
$901
9
Combs
91%
$367
10
Travel kits
90%
$42
11
Chalkboards
90%
$124
12
Party decorations
89%
$4,699
13
Umbrella and walking stick accessories
85%
$71
14
Other footwear
84%
$972
15
Blankets
82%
$1,398
16
Other cutlery
82%
$140
17
Iron housewares
81%
$3,155
18
Bells and other metal ornaments
81%
$911
19
Ceramic tableware
80%
$835
20
Other domestic electric housewares
80%
$2,696
21
Other musical instruments
80%
$22
22
Other clocks
80%
$110
23
Scissors
79%
$123
24
Plastic housewares
79%
$6,079
25
Video and card games
78%
$7,083
26
Other toys
76%
$13,463
27
Cooking hand tools
74%
$106
28
Wood frames
74%
$149
29
Sound recording equipment
72%
$812
30
Aluminum housewares
72%
$1,143
31
Postcards
72%
$273
32
Glycosides
71%
$215
33
Manganese
71%
$85
34
Electric filament
70%
$1,882
35
Scent sprays
70%
$173
36
Cutlery sets
69%
$309
37
Image projectors
68%
$38
38
Graphite
68%
$96
39
Wood ornaments
68%
$394
40
Phosphoric esters and salts
67%
$82
41
Glass bricks
66%
$99
42
Wheelchairs
66%
$273
43
Pearl products
65%
$605
44
Walking sticks
65%
$28
45
Imitation jewelry
65%
$602
46
Brooms
64%
$1,241
47
Other cloth articles
64%
$3,589
48
Fake hair
64%
$879
49
Ornamental ceramics
63%
$328
50
Wood kitchenware
63%
$267
51
Other knit clothing accessories
63%
$186
52
Awnings, tents, and sails
62%
$546
53
Iron sewing needles
62%
$23
54
Iron stovetops
62%
$2,278
55
Pastes and waxes
62%
$200
56
Safes
62%
$212
57
Calendars
61%
$73
58
Interior decorative glassware
60%
$806
59
Artificial graphite
60%
$280
60
Knives
59%
$463
61
Fishing and hunting equipment
59%
$512
62
Watch straps
58%
$121
63
Electric batteries
58%
$17,022
64
Molybdenum
58%
$109
65
Other headwear
57%
$328
66
Neck ties
57%
$52
67
Sports equipment
56%
$4,283
68
Knit gloves
56%
$602
69
Knit socks and hosiery
55%
$1,320
70
Electric heaters
55%
$6,607
71
Hats
55%
$62
72
Mattresses
54%
$2,200
73
Processed mica
54%
$26
74
Other non-knit clothing accessories
54%
$111
75
Porcelain tableware
54%
$179
76
Rubber footwear
54%
$3,440
77
Bedspreads
54%
$422
78
Handkerchiefs
53%
$13
79
Woven fabrics
52%
$120
80
Bladed weapons and accessories
52%
$12
81
Other articles of twine and rope
51%
$76
82
Hair trimmers
51%
$343
83
Gimp yarn
51%
$41
84
Inedible fats and oils
50%
$1,177
85
Cameras
49%
$229
86
Artistry paints
48%
$63
87
Eyewear frames
47%
$595
88
Bathroom ceramics
46%
$725
89
Mannequins
46%
$32
90
Window dressings
46%
$564
91
Magnesium carbonate
46%
$97
92
Other carpets
45%
$132
93
Plastic wash basins
45%
$273
94
Smoking pipes
45%
$12
95
Electromagnets
45%
$487
96
Other zinc products
44%
$125
97
Pulley systems
44%
$653
98
Waterproof footwear
44%
$65
99
Non-knit gloves
43%
$122
100
Carbides
42%
$147
101
Telephones
42%
$50,085
102
Tool sets
42%
$38
103
Bicycles, delivery tricycles, other cycles
42%
$417
104
Medical furniture
42%
$537
105
Locust beans, seaweed, sugar beet, cane
41%
$100
106
Microphones and headphones
41%
$5,365
107
Iron anchors
41%
$18
108
Monopods, bipods, tripods and similar articles
41%
$24
109
Eyewear
40%
$1,023
110
Scarves
40%
$124
111
Other hand tools
39%
$570
112
Electric musical instruments
39%
$232
113
Rubber stamps
39%
$14
114
Iron toiletry
38%
$238
115
Scales
38%
$329
116
Iron oxides and hydroxides
38%
$82
117
Felt or coated fabric garments
38%
$825
118
Metal office supplies
38%
$57
119
Other knit garments
37%
$550
120
Motor-working tools
37%
$2,742
121
Light fixtures
36%
$3,344
122
Garments of impregnated fabric
36%
$67
123
Hand tools
36%
$169
124
Percussion
36%
$42
125
Pens
35%
$393
126
Textile footwear
35%
$2,760
127
Saddlery
35%
$198
128
Spring, air, and gas guns
35%
$73
129
Carboxyimide compounds
35%
$102
130
Other wood articles
35%
$597
131
Electrical insulators
34%
$135
132
Knit women’s undergarments
34%
$1,100
133
House linens
34%
$1,989
134
Toilet paper
34%
$678
135
Wind instruments
34%
$97
136
Metal mountings
34%
$2,945
137
Plastic floor coverings
34%
$1,419
138
Knit active wear
33%
$226
139
Garden tools
33%
$136
140
Titanium oxides
33%
$20
141
Video displays
33%
$6,770
142
Bi-wheel vehicle parts
33%
$519
143
Video recording equipment
33%
$179
144
Glass beads
32%
$45
145
Therapeutic appliances
32%
$2,033
146
Safety glass
31%
$416
147
Pencils and crayons
31%
$99
148
Iron chains
31%
$216
149
Knitted hats
31%
$654
150
Non-knit women’s coats
29%
$562
151
Printed circuit boards
29%
$747
152
Iron cloth
29%
$168
153
Vacuum cleaners
29%
$896
154
Other cast iron products
29%
$160
155
Sound recordings
29%
$448
156
Ketones and quinones
28%
$278
157
Paper notebooks
28%
$269
158
Ornamental trimmings
28%
$11
159
Rubber inner tubes
28%
$21
160
Non-knit men’s coats
28%
$547
161
Wrenches
27%
$227
162
Other women’s undergarments
27%
$640
163
Vending machines
27%
$70
164
Embroidery
27%
$29
165
Labels
26%
$11
166
Other metals
26%
$182
167
Seats
26%
$6,582
168
Oxygen heterocyclic compounds
26%
$432
169
Knit men’s undergarments
26%
$427
170
Chromium oxides and hydroxides
26%
$6.8
171
Computers
26%
$35,473
172
Copper housewares
26%
$25
173
Nucleic acids
25%
$880
174
Basketwork
24%
$140
175
Boat propellers
24%
$149
176
Vegetable and mineral carvings
24%
$96
177
Knit women’s coats
24%
$199
178
Twine, cordage or rope; knotted netting, fishing nets and other nets, of textile materials
24%
$13
179
Time switches
24%
$15
180
Nitrogen heterocyclic compounds
24%
$1,167
181
Oxygen amino compounds
24%
$425
182
Motorcycles and cycles
23%
$907
183
Calculators
23%
$260
184
Non-knit active wear
23%
$536
185
Padlocks
23%
$662
186
Wool grease
23%
$5.8
187
Wallpaper
23%
$27
188
Trunks and cases
23%
$2,613
189
Iron nails
23%
$220
190
Aluminum ore
22%
$35
191
Air pumps
22%
$3,494
192
Coated textile fabric
22%
$23
193
Knit babies’ garments
22%
$374
194
Carboxyamide compounds
22%
$249
195
Household washing machines
22%
$502
196
Non-knit women’s undergarments
22%
$106
197
Other furniture
22%
$5,718
198
Woodworking machines
21%
$297
199
Worked slate
21%
$9.8
200
Vegetable saps
21%
$348
201
Non-knit women’s suits
21%
$2,160
202
Woven fabric of synthetic staple fibers
21%
$8.1
203
Commodities not elsewhere specified
21%
$5,136
204
Rubber apparel
21%
$558
205
Balances
21%
$25
206
Leather footwear
21%
$2,404
207
Glass bottles
21%
$343
208
Knit women’s suits
21%
$1,106
209
Plastic building materials
21%
$578
210
Barium sulphate
20%
$40
211
Knit sweaters
20%
$2,570
212
Refrigerators
19%
$2,585
213
Air conditioners
19%
$2,876
214
Wooden tool handles
19%
$9.2
215
Sanitary towels (pads)
19%
$341
216
Vegetable alkaloids
19%
$86
217
Navigation equipment
18%
$799
218
Carboxylic acids
18%
$267
219
Decals
18%
$20
220
Stone working machines
18%
$67
221
Non-knit women’s shirts
18%
$326
222
Non-knit babies’ garments
18%
$58
223
Aluminum foil
18%
$243
224
Watch cases and parts
18%
$4.6
225
Knit men’s coats
17%
$142
226
Copper pipe fittings
17%
$178
227
Gum coated textile fabric
17%
$14
228
Broadcasting equipment
17%
$1,924
229
Refractory bricks
17%
$47
230
Warp knit fabrics
16%
$55
231
Inhalable tobacco/nicotine products
16%
$93
232
Stranded iron wire
16%
$155
233
Metal molds
16%
$359
234
Hydrazine or hydroxylamine derivatives
16%
$23
235
Pearls
15%
$12
236
Spices
15%
$62
237
Onions
15%
$126
238
Building stone
14%
$395
239
Vegetable waxes and beeswax
14%
$9.4
240
Hand saws
14%
$126
241
Packing bags
14%
$98
242
Agglomerated cork
14%
$17
243
Audio alarms
14%
$519
244
Hot-rolled stainless steel bars
14%
$20
245
Book-binding machines
14%
$29
246
Silk fabrics
14%
$5.3
247
Metal stoppers
13%
$138
248
Letter stock
13%
$28
249
Conveyor belt textiles
13%
$15
250
Rolling machines
13%
$46
251
Electrical ignitions
13%
$590
252
Retail artificial filament yarn
13%
$5.3
253
Rubber belting
13%
$105
254
Other leather articles
13%
$19
255
Sewing machines
13%
$53
256
Other vegetable oils
13%
$31
257
Textile wall coverings
13%
$4.7
258
Tufted carpets
13%
$138
259
Casting machines
13%
$60
260
Fish fillets
13%
$951
261
Mirrors and lenses
13%
$195
262
Diazo, azo or azoxy compounds
13%
$6.2
263
Electric motors
12%
$1,603
264
Furskin apparel
12%
$12
265
Industrial printers
12%
$1,787
266
Iron wire
12%
$75
267
Electrical transformers
12%
$3,539
268
Milling stones
12%
$68
269
Other office machines
12%
$116
270
Granulated slag
12%
$26
271
Other heating machinery
12%
$1,066
272
Other clocks and watches
12%
$6.5
273
Sulfonamides
12%
$134
274
Dried/salted/smoked/brined fish
12%
$49
275
Leather apparel
12%
$164
276
Non-knit men’s undergarments
12%
$26
277
Polycarboxylic acids
12%
$181
278
Electrical parts
11%
$35
279
Antimony
11%
$11
280
Engine parts
11%
$1,228
281
Insulated wire
11%
$3,448
282
Rubber pipes
11%
$253
283
Aluminum structures
11%
$307
284
Electrical resistors
11%
$109
285
Non-knit men’s suits
11%
$884
286
Other electrical machinery
11%
$1,798
287
Electrical capacitors
11%
$200
288
Motor vehicles; parts and accessories
11%
$9,059
289
Worked ivory and bone
11%
$4.3
290
Hard rubber
11%
$3.3
291
Other processed fruits and nuts
11%
$449
292
Microscopes
11%
$60
293
Radio receivers
11%
$404
294
Unprocessed artificial staple fibers
11%
$26
295
Electric motor parts
11%
$368
296
Knit men’s suits
10%
$234
297
Other processed vegetables
10%
$202
298
Insulating glass
10%
$37
299
Other meat
10%
$6.6
300
Retail artificial staple fibers yarn
10%
$15
301
Tea
10%
$55
302
Razor blades
10%
$67
303
Iron structures
10%
$854
304
Non-knit men’s shirts
10%
$261
305
Non-mechanical removal machinery
10%
$90
306
Other slag and ash
10%
$3.6
307
Pepper
9%
$104
308
Wood fiberboard
9%
$120
309
Machinery having individual functions
9%
$1,265
310
Papermaking machines
9%
$67
311
Metalworking machines
9%
$30
312
Retail cotton yarn
9%
$4.5
313
Dried fruits
9%
$32
314
Office machine parts
9%
$4,499
315
Knit t-shirts
9%
$572
316
Knitting machines
9%
$11
317
Light pure woven cotton
9%
$32
318
Steel wire
9%
$20
319
Fork-lifts
8%
$691
320
Knit women’s shirts
8%
$167
321
Hand-woven rugs
8%
$130
322
Stone processing machines
8%
$178
323
Gelatin
8%
$24
324
Pumice
8%
$4.6
325
Drilling machines
8%
$30
326
Light mixed woven cotton
8%
$4.1
327
Electrical lighting and signaling equipment
8%
$532
328
Pharmaceutical rubber products
8%
$6.3
329
Cement articles
8%
$198
330
Jute woven fabric
8%
$3.0
331
Other live plants, cuttings and slips;
mushroom spawn8%
$70
332
Iron pipes
7%
$224
333
Other agricultural machinery
7%
$95
334
Washing and bottling machines
7%
$431
335
Sugar preserved foods
7%
$2.5
336
Knit men’s shirts
7%
$153
337
Leather machinery
7%
$2.3
338
Feldspar
7%
$18
339
Rubberworking machinery
7%
$228
340
Metal-rolling mills
7%
$95
341
Lifting machinery
7%
$545
342
Electrical control boards
7%
$1,252
343
Blown glass
6%
$4.8
344
Mollusks
6%
$78
345
Flax woven fabric
6%
$7.9
346
Magnesium
6%
$22
347
Used rubber tires
6%
$29
348
Central heating boilers
6%
$29
349
Pasta
6%
$109
350
Textile processing machines
6%
$117
351
Traffic signals
6%
$28
352
Glass with edge workings
6%
$14
353
Other vegetable products
6%
$10
354
Packaged medications
6%
$6,146
355
Plant foliage
6%
$15
356
Quilted textiles
6%
$1.5
357
Tobacco processing machines
6%
$5.4
358
Wood carpentry
6%
$188
359
Frozen vegetables
6%
$80
360
Candles
6%
$62
361
Perfume plants
6%
$29
362
Processed fish
6%
$116
363
Scrap nickel
6%
$22
364
Yeast
6%
$31
365
Tool plates
5%
$57
366
Copper plating
5%
$54
367
Other paper machinery
5%
$75
368
Polyamide fabric
5%
$16
369
Other non-metal removal machinery
5%
$14
370
Large construction vehicles
5%
$529
371
Fruit juice
5%
$189
372
Other edible animal products
5%
$1.1
373
Plywood
5%
$138
374
Processed crustaceans
5%
$148
375
Unprocessed synthetic staple fibers
5%
$36
376
Confectionery sugar
5%
$149
377
Other animals
5%
$15
378
Radioactive chemicals
5%
$324
379
Metal-clad products
5%
$2.7
380
Nitrites and nitrates
5%
$6.4
381
Antiques
4%
$36
382
Coffee and tea extracts
4%
$56
383
Pianos
4%
$4.5
384
Reclaimed rubber
4%
$4.5
385
Metal finishing machines
4%
$22
386
Tapioca
4%
$2.3
387
Forging machines
4%
$70
388
Insect resins
4%
$5.4
389
Rubber tires
4%
$760
390
Photographic plates
4%
$28
391
Textile scraps
4%
$4.5
392
Other oily seeds
4%
$16
393
Processed mushrooms
4%
$4.9
394
Cranes
4%
$66
395
Tungsten ore
3%
$1.6
396
Animal extracts
3%
$0.78
397
Base metal watches
3%
$160
398
Paper pulp filter blocks
3%
$0.65
399
Felt machinery
3%
$3.4
400
Revolution counters
3%
$49
401
Curbstones
3%
$2.7
402
Other small iron pipes
3%
$111
403
Salt
3%
$15
404
Jewelry
3%
$411
405
Blank audio media
3%
$504
406
Pickled foods
3%
$17
407
Cobalt oxides and hydroxides
3%
$0.90
408
Other pure vegetable oils
3%
$27
409
Semiconductor devices
3%
$557
410
Aircraft parts for spacecraft, UAVs, and ground equipment
2%
$384
411
Iron blocks
2%
$26
412
Starches
2%
$11
413
Carded wool or animal hair fabric
2%
$0.58
414
Collector’s items
2%
$7.3
415
Utility meters
2%
$41
416
Densified wood
2%
$0.65
417
Linoleum
2%
$0.69
418
Copper pipes
2%
$23
419
Photographic paper
2%
$0.46
420
Metal lathes
2%
$19
421
Vegetable parchment
2%
$7.5
422
Coated flat-rolled iron
2%
$102
423
Spice seeds
2%
$2.2
424
Cars
2%
$3,588
425
Gas turbines
2%
$497
426
Gravel and crushed stone
2%
$4.1
427
Knotted carpets
2%
$5.7
428
Non-retail artificial staple fibers yarn
2%
$0.32
429
Synthetic reconstructed jewelry stones
2%
$17
430
Cigarette paper
1%
$3.9
431
Chlorates and perchlorates
1%
$2.4
432
Ground nut oil
1%
$0.94
433
Shaped wood
1%
$19
434
Cloves
1%
$0.35
435
Retail wool or animal hair yarn
1%
$0.65
436
Dolomite
1%
$0.52
437
Ferroalloys
1%
$28
438
Hydrochloric acid
1%
$0.77
439
Combed wool or animal hair fabric
1%
$0.59
440
Leather further prepared after tanning or crusting of animals (other than ovine)
1%
$0.30
441
Wood charcoal
1%
$1.1
442
Aquatic invertebrates, other than crustaceans and mollusks
0.9%
$0.50
443
Non-retail combed wool yarn
0.9%
$0.42
444
Other large iron pipes
0.9%
$6.8
445
Baked goods
0.8%
$88
446
Coin
0.8%
$22
447
Leather of other animals
0.8%
$2.7
448
Nutmeg, mace and cardamons
0.8%
$0.37
449
Other firearms
0.8%
$5.4
450
Perfumes
0.8%
$45
451
Preserved vegetables
0.8%
$0.38
452
Watch movements
0.8%
$0.24
453
Tissue
0.7%
$4.1
454
Aluminum wire
0.6%
$5.7
455
Cinnamon
0.6%
$0.96
456
Raw iron bars
0.6%
$5.0
457
Vaccines, blood, antisera, toxins and cultures
0.6%
$618
458
Hard liquor
0.5%
$59
459
Jams
0.5%
$3.2
460
Sawn wood
0.5%
$38
461
Stranded aluminum wire
0.5%
$2.0
462
Vehicle bodies for the motor vehicles
0.5%
$3.8
463
Biodiesel and mixtures thereof
0.4%
$6.9
464
Coconut and other vegetable fibers
0.4%
$0.19
465
Live fish
0.4%
$0.34
466
Natural cork articles
0.4%
$0.66
467
Chocolate
0.3%
$15
468
Frozen fruits and nuts
0.3%
$3.8
469
Hat forms
0.3%
$0.14
470
Metalworking transfer machines
0.3%
$3.9
471
Particle board
0.3%
$7.3
472
Pitch coke
0.3%
$0.27
473
Tractors
0.3%
$48
474
Zinc oxide and peroxide
0.3%
$0.94
475
Citrus
0.2%
$3.2
476
Coffee
0.2%
$22
477
Crustaceans
0.2%
$13
478
Cut flowers
0.2%
$3.8
479
Gypsum
0.2%
$0.40
480
Halogens
0.2%
$0.67
481
Linseed
0.2%
$0.25
482
Motor vehicle chassis fitted with engine
0.2%
$0.39
483
Other fermented beverages
0.2%
$0.70
484
Other vegetables
0.2%
$11
485
Precious stones
0.2%
$4.7
486
Processed cereals
0.2%
$0.95
487
Raw lead
0.2%
$1.5
488
Seed oils
0.2%
$0.49
489
Semi-finished iron
0.2%
$5.6
490
Stainless steel ingots
0.2%
$1.1
491
Uncoated paper
0.2%
$3.7
492
Wheat flours
0.2%
$0.61
493
Wheat gluten
0.2%
$0.67
494
Aircraft launch gear
0.1%
$0.48
495
Bananas
0.1%
$1.7
496
Beer
0.1%
$3.9
497
Cereal flours
0.1%
$0.42
498
Chromium ore
0.1%
499
Cocoa powder
0.1%
$0.23
500
Nitrogenous fertilizers
0.1%
$2.3
501
Other vegetable residues
0.1%
$1.1
502
Precious metal watches
0.1%
$2.2
503
Raw sugar
0.1%
$2.5
504
Raw zinc
0.1%
$2.0
505
Sulphur
0.1%
$0.48
506
Tropical fruits
0.1%
$4.2
507
Unglazed ceramics
0.1%
$1.2
508
Water
0.1%
$0.67
509
Ammonia
510
Asphalt mixtures
511
Borax
512
Bovine
513
Bovine, sheep, and goat fat
514
Bulbs and roots
515
Butter
516
Calcium phosphates
517
Casein
518
Cement
$0.52
519
Cocoa beans
520
Cocoa butter
521
Cocoa paste
522
Coconut oil
$0.52
523
Coconuts, brazil nuts, and cashews
524
Cucumbers
525
Delivery trucks
$12
526
Diamonds
$0.93
527
Electricity
528
Grapes
$0.20
529
Handguns
530
Honey
531
Horses
532
Hot-rolled iron bars
$0.25
533
Iron reductions
534
Legumes
$0.13
535
Manganese ore
536
Melons
537
Molasses
538
Newsprint
539
Non-fillet fresh fish
$0.92
540
Oats
541
Olive oil
542
Other animal fats
543
Other fruits
$2.9
544
Other precious metal products
$2.9
545
Palm oil
546
Peat
547
Phosphatic fertilizers
548
Pig iron
549
Pigs
550
Planes, helicopters, and/or spacecraft
$0.14
551
Platinum
$0.32
552
Potassic fertilizers
$0.28
553
Pure olive oil
554
Rapeseed oil
$0.56
555
Raw aluminum
$2.7
556
Raw nickel
$0.48
557
Raw tin
$0.11
558
Refined copper
$2.3
559
Rolled tobacco
$0.49
560
Rubber
$0.40
561
Rye
562
Self-propelled rail transport
563
Semi chemical woodpulp
564
Sheep and goat meat
565
Silver
$0.48
566
Steel bars
567
Steel ingots
$0.16
568
Sulfite chemical woodpulp
569
Sulfuric acid
570
Titanium ore
571
Tomatoes
572
Uranium and thorium ore
573
Vanilla
574
Vermouth
575
Wine
$0.12
576
Zinc powder
About the data
We analyzed U.S. International Trade Commission data on goods imported for consumption in 2024. We used product descriptions from the Observatory of Economic Complexity to label the goods, and edited these descriptions lightly.
For the lists of major imports and exports, and the full searchable list, we grouped goods using the first four digits of their code in the Harmonized Tariff Schedule, which lists categories of products. For more specific lists of goods within these categories, we looked at the first six digits of the product code.
We excluded goods that are widely produced in the U.S., using export data to remove goods where the U.S. exports at least 50 percent of what it imports by value. (We did not do this for the critical minerals or imports by quantity data.)
Business
Commentary: Trump Media’s financial report revives doubts for investors
So much Trump-related news has appeared lately on the airwaves and in web pixels — what with Iran and Epstein and Minnesota and so on — that inevitably a nugget will fall between the cracks.
That seems to have been the fate of the most recent annual financial report of Trump Media and Technology Group, which covered calendar year 2025 and was issued Friday.
Trump Media, which is 52% owned by Donald Trump and trades on Nasdaq with a ticker symbol based on his initials (DJT), is the holding company for Trump’s social media platform, Truth Social.
The value of TMTG’s brand may diminish if the popularity of President Donald J. Trump were to suffer.
— A risk factor disclosed by Trump Media
The annual financial disclosure has garnered minimal press coverage. That’s a pity, because it makes fascinating reading, though not in a good way.
Here are the top and bottom lines from the 10-k annual report: Trump Media lost $712.1 million last year on revenue of about $3.7 million. That’s quite a bit worse than its performance in 2024, when it lost $409 million on revenue of about $3.6 million. The company attributed most of the flood of red ink to “loss from investments,” of which more in a moment.
Truth Social isn’t an especially strong keystone of this operation. The platform is chiefly an outlet for Trump’s social media ramblings and the occasional official White House statements. But no one has to sign in to Truth Social to see them — they’re almost invariably picked up by the news media or reposted by users on other platforms such as X.
That might explain Truth Social’s relatively scrawny user base. The platform is estimated to have about 2 million active users, according to the analytical firm Search Logistics. By comparison, X has about 450 million monthly active users and Facebook has more than 2.9 billion.
It’s no mystery, then, why TMTG disdains “traditional performance metrics like average revenue per user, ad impressions and pricing, or active user accounts, including monthly and daily active users,” according to its annual report.
Relying on those metrics, which are used to judge TMTG’s social media rivals, “might not align with the best interests of TMTG or its stockholders, as it could lead to short-term decision-making at the expense of long-term innovation and value creation.”
Instead, the company says it should be evaluated based on “its commitment to a robust business plan that includes introducing innovative features, new products, new technologies.” But it also acknowledges that, at its heart, TMTG is a proxy for “the reputation and popularity of President Donald J. Trump.” The company warns that “the value of TMTG’s brand may diminish if the popularity of President Donald J. Trump were to suffer.”
How has that played out in real time? Trump Media notched its highest closing price as a public company, $66.22, on March 27, 2024, the day after its initial public offering. In midday trading Monday, the shares were quoted at $11.08, for a loss of 83% since the IPO.
One can’t quibble with stock market price quotes; nor can one finagle annual profit and loss statements, at least not without receiving questions, and perhaps lawsuit complaints, from attentive investors and the Securities and Exchange Commission.
In recent months, TMTG has engaged in a number of baroque financial transactions.
In May, the company announced that it was planning to raise $3.5 billion from institutions to invest in bitcoin, with the money to come from issues of common and preferred shares. The goal was to climb onto the cryptocurrency train, which Trump himself was fueling by, among other things, issuing an executive order promoting the expansion of crypto in the U.S. and denigrating enforcement efforts by the Biden administration as reflecting a “war on cryptocurrency.”
Under Trump, federal regulators have dropped numerous investigations related to cryptocurrencies. Trump has also talked about creating a government crypto strategic reserve, which would entail large government purchases of bitcoin and other cryptocurrencies; a March 3 announcement on that subject briefly sent bitcoin prices soaring by nearly 20%, though they promptly fell back.
Then there’s TMTG’s relationship with Crypto.com, a Singapore-based crypto “service provider” best known to Angelenos unfamiliar with the crypto world as the firm with naming rights to the Los Angeles arena that hosts the NBA Lakers and Clippers, WNBA Sparks and NHL Kings.
In August, Crypto.com and TMTG announced a deal in which TMTG would pursue a crypto treasury strategy consisting mostly of Cronos tokens, a cryptocurrency sponsored by Crypto.com. The initial infusion would consist of 6.4 billion Cronos valued at $1 billion, or about 15.8 cents per Cronos.
As of Dec. 31, TMTG said in its 10-K, it owned 756.1 million Cronos, acquired at a cost of about $114 million, or 15 cents each. By year’s end, they were worth only about nine cents each, for a paper loss of about $46 million. In trading this week, Cronos was quoted at about 7.6 cents, producing a paper loss for TMTG of about $56.5 million, or roughly half the investment.
The financial maneuvering involved in this trade is a little dizzying. The initial transaction was a 50% stock, 50% cash trade in which Crypto.com bought $50 million in TMTG stock and TMTG bought $105 million in Cronos. Who gained in this deal? It’s almost impossible to say.
Crypto.com did gain, if not purely in cash, then arguably through the Trump administration’s good graces.
On March 27, the SEC formally closed an investigation of the company that it had launched during the Biden administration, when the agency was headed by a known crypto skeptic, Gary Gensler. Trump appointed a crypto-friendly regulator, Paul Atkins, as Gensler’s successor.
It’s reasonable to note that as a business model, crypto treasuries have been in vogue over the last year or so, allowing investors to play the crypto market without all the complexities of actually buying and holding the digital assets by buying shares in treasury companies.
I asked Crypto.com whether the steady decline in Cronos’ price suggested that the hookup with TMTG wasn’t bearing fruit. “The fluctuation in value during this time period is consistent with the entire crypto market, which is typical in a bear market,” company spokeswoman Victoria Davis told me by email.
Davis also asserted that the SEC’s investigation of the company had been closed by Gensler, “not the current administration” (i.e., Trump). That’s misleading, at best. Gensler put the investigation on hold after the 2024 election, when it became clear that Trump was going to be in charge.
Crypto.com’s March 27 announcement of the formal end of the case attributed the action to “the current SEC leadership” and blamed the case on “the previous administration.” I asked Davis to explain the discrepancy but got no reply.
TMTG, like Crypto.com, attributed the decline in Cronos’ value to the secular bear market raging in the entire cryptocurrency space, a reflection of “temporary price swings across the crypto market,” said TMTG spokeswoman Shannon Devine. She said the price decline “will not diminish our enthusiasm for the enormous potential of the [CRONOS] ecosystem.”
Trump’s coziness with crypto companies hasn’t gone unnoticed by Democrats on the House Judiciary Committee, who issued a scathing report on the topic in November. (The White House scoffed at the report, saying in response to the report that Trump “only acts in the best interests of the American public.”)
In mid-December, TMTG launched yet another remaking — this time, plunging into the business of fusion power. The instrument is TAE Technologies, a Foothill Ranch-based company working to develop the technology of nuclear fusion as a clean energy source. According to a Dec. 18 announcement, TMTG and TAE will merge, creating what they say is a $6-billion company.
According to the announcement, TMTG will contribute $200 million to the merged company when the deal closes in mid-2026, and an additional $100 million subsequently. Following the merger, TMTG said last month, it will consider spinning off Truth Social into a new publicly traded company.
These arrangements are murky. TAE is privately held and the value of Truth Social is conjectural at best, so TMTG shareholders could be hard-pressed to assess their gains or losses from the merger and spin-off.
What makes them even murkier is the speculative nature of fusion as an electrical power source. Although numerous companies have leaped into the field — and TAE, which has been backed by Alphabet, the parent of Google, is among the oldest — none has shown the capability of generating electrical power at commercial scale with the elusive technology.
Although some researchers say that fusion could become a technically and economically feasible power source within 10 years, only in 2022 did fusion researchers (at Lawrence Livermore National Laboratory) achieve the goal of using fusion to produce more energy than is required to sustain a reaction. They were able to do so only for less than a billionth of a second.
Others working on the technology have expressed doubts that fusion could become a viable power source before the 2040s. The technical challenges, including how to convert the energy produced by a fusion reactor into electricity, remain daunting.
All this points to the fundamental question of what TMTG is supposed to be. TMTG’s original mission, according to its own publicity statements, was to build Truth Social into an alternative social media platform “to end Big Tech’s assault on free speech by opening up the Internet.”
Spinning off Truth Social would place that goal on the side. TMTG is on its way too becoming a hodgepodge of crypto, fusion and other investments selected without regard to whether they fit together or are even achievable. The only constant is Trump himself.
If you want to invest in him, TMTG may be the best way to do it. But judging from its latest financial disclosure, that’s not the same as being a good way to do it.
Business
California gas is pricey already. The Iran war could cost you even more
The U.S. attack on Iran is expected to have an unwelcome impact on California drivers — a jump in gas prices that could be felt at the pump in a week or two.
The outbreak of war in the Middle East, which virtually closed a key Persian Gulf shipping lane, spiked the price of a barrel of Brent crude oil by as much as $10, with prices rising as high as $82.37 on Monday before settling down.
The price of the international standard dictates what motorists pay for gas globally, including in California, with every dollar increase translating to 2.5 cents at the pump, said Severin Borenstein, faculty director of the Energy Institute at UC Berkeley’s Haas School of Business.
That would mean drivers could pay at least 20 cents more per gallon, though how much damage the conflict will do to wallets remains to be seen.
“The real issue though is the oil markets are just guessing right now at what is going to happen. It’s a time of extreme volatility,” Borenstein said. “We don’t know whether the war will widen or end quickly, and all of those things will drive the price of crude.”
President Trump has lauded the reduction of nationwide gas prices as a validation of his economic agenda despite worries about a weak job market and concerns of persistent inflation.
The upheaval in the Middle East could be more acutely felt in the state.
Californians already pay far more for gas than the rest of the country, with the average cost of a gallon of regular at $4.66, up 3 cents from a week ago and 30 cents from a month ago, according to AAA. The current nationwide average is about $3 per gallon.
The disruption in international crude markets also comes as refiners are switching to producing California’s summer-blend gas, which is less volatile during the state’s hot summers. The switch can drive up the price of a gallon of gas at least 15 cents.
The prices in California are largely driven by higher taxes and a cleaner, less polluting blend required year-round by regulators to combat pollution — and it’s long been a hot-button issue.
The politics were only exacerbated by recent refinery closures, including the Phillips 66 refinery in Wilmington in October and the idling and planned closure of the Valero refinery in Benicia, Calif., which reduced refining capacity in the state by about 18%.
California also has seen a steady reduction in its crude oil production, making it more reliant on international imports of oil and gasoline.
In 2024, only 23.3% of the crude oil refined in the state was pumped in California, with 13% from Alaska and 63% from elsewhere in the world, including about 30% from the Middle East, said Jim Stanley, a spokesperson for the Western States Petroleum Assn.
“We could see a supply crunch and real price volatility” if the Middle East supply is interrupted, he said.
The Strait of Hormuz in the Persian Gulf, through which about 20% of the world’s oil passes, was virtually closed Monday, according to reports. Though it produces only about 3% of global oil, Iran has considerable sway over energy markets because it controls the strait.
Also, in response to the U.S. attack, Iran has fired a barrage of missiles at neighboring Persian Gulf states. Saudi Arabia said it intercepted Iranian drones targeting one of its refinery complexes.
California Republicans and the California Fuels & Convenience Alliance, a trade group representing fuel marketers, gas station owners and others, have blamed Gov. Gavin Newsom’s policies for driving up the price of gas.
A landmark climate change law calls for California to become carbon neutral by 2045, and Newsom told regulators in 2021 to stop issuing fracking permits and to phase out oil extraction by 2045. He also signed a bill allowing local governments to block construction of oil and gas wells.
However, last year Newsom changed his stance and signed a bill that will allow up to 2,000 new oil wells per year through 2036 in Kern County despite legal challenges by environmental groups. The county produces about three-fourths of the state’s crude oil.
Borenstein said he didn’t expect that the new state oil production would do much to lower gas prices because it is only marginally cheaper than oil imported by ocean tankers.
Stanley said the aim of the law was to support the Kern County oil industry, which was facing pipeline closures without additional supplies to ship to state refineries.
Statewide, the industry supports more than 535,000 jobs, $166 billion in economic activity and $48 billion in local and state taxes, according to a report last year by the Los Angeles County Economic Development Corp.
Bloomberg News and the Associated Press contributed to this report.
Business
Block to cut more than 4,000 jobs amid AI disruption of the workplace
Fintech company Block said Thursday that it’s cutting more than 4,000 workers or nearly half of its workforce as artificial intelligence disrupts the way people work.
The Oakland parent company of payment services Square and Cash App saw its stock surge by more than 23% in after-hours trading after making the layoff announcement.
Jack Dorsey, the co-founder and head of Block, said in a post on social media site X that the company didn’t make the decision because the company is in financial trouble.
“We’re already seeing that the intelligence tools we’re creating and using, paired with smaller and flatter teams, are enabling a new way of working which fundamentally changes what it means to build and run a company,” he said.
Block is the latest tech company to announce massive cuts as employers push workers to use more AI tools to do more with fewer people. Amazon in January said it was laying off 16,000 people as part of effort to remove layers within the company.
Block has laid off workers in previous years. In 2025, Block said it planned to slash 931 jobs, or 8% of its workforce, citing performance and strategic issues but Dorsey said at the time that the company wasn’t trying to replace workers with AI.
As tech companies embrace AI tools that can code, generate text and do other tasks, worker anxiety about whether their jobs will be automated have heightened.
In his note to employees Dorsey said that he was weighing whether to make cuts gradually throughout months or years but chose to act immediately.
“Repeated rounds of cuts are destructive to morale, to focus, and to the trust that customers and shareholders place in our ability to lead,” he told workers. “I’d rather take a hard, clear action now and build from a position we believe in than manage a slow reduction of people toward the same outcome.”
Dorsey is also the co-founder of Twitter, which was later renamed to X after billionaire Elon Musk purchased the company in 2022.
As of December, Block had 10,205 full-time employees globally, according to the company’s annual report. The company said it plans to reduce its workforce by the end of the second quarter of fiscal year 2026.
The company’s gross profit in 2025 reached more than $10 billion, up 17% compared to the previous year.
Dorsey said he plans to address employees in a live video session and noted that their emails and Slack will remain open until Thursday evening so they can say goodbye to colleagues.
“I know doing it this way might feel awkward,” he said. “I’d rather it feel awkward and human than efficient and cold.”
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