Baltimore Business Daily

How do you think this recession will affect Imports and Exports?

So, what do you guys predict will happen with imports and exports of the US during this recession? I'm just curious as to what others predict will happen. Do you think China will help the US out in any way?

Public Comments

1. Imports will Fall because demand has declined. Exports will depend on the value of the USD against other currencies. Since the USD is rising, Exports will also suffer, since foreigners are seeking US Assets/Treasuries for protection, thus driving up the value of the USD.