What does the trend in US imports tell us?

US foreign trade has been affected by significant developments: The significant appreciation of the dollar since 2014; The tariffs introduced by Donald Trump from 2017. The first development reduces US import prices, while the second increases them. Al together , import prices have fallen in the United States since 2014 despite the tariffs . We can then look at the trend in US imports: Overall, US imports in volume terms depend very little on import prices; A geographical breakdown of US imports shows that imports from China have been replaced by imports from other sources, without any fall in total US imports.