Markets Set for Shock From Vanishing Chinese Goods: MLIV Pulse

Investors are in for a shock in the next few weeks as the slowing flow of goods from China underscores the risks tariffs bring to the US economy, the latest MLIV Pulse survey showed.

Of the 248 respondents to a poll conducted April 28-30, 82% said the impact of fewer shipments from China to American businesses is either somewhat or heavily underpriced in markets. A large majority also see tariffs triggering a US recession this year.

Since President Donald Trump raised tariffs on China to 145% in early April, cargo shipments have fallen sharply. But it takes about ...