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> Imports from China are ~40% of all US imports You mean 14%? https://tradingeconomics.com/united-states/imports-by-country https://tradingeconomics.com/unite

• olddustytrail 1y ago
  That's by value. I reckon since Chinese imported goods tend to be cheaper they probably make up a greater number than the value percentage would indicate. So I suspect 40% figure is how many items in a typical household are from China. Edit: in case that's not clear, here's an example: I have one item from the USA that costs $80. I have four items from China that cost $5 each. My imports from China are 20% of my spending. My imports from China are 80% of my goods.
  • woobar 1y ago
    It is clear what you are saying. It still doesn't make any sense. If I buy a bottle of wine, a chicken, a cake, and a pint of blueberries, is it correct to say that my diet is 99% fruits? There are more than a 100 of blueberries in the pint after all.