"Between 2017 and mid-2025, China's share of US imports fell from 21 to 9 percent, with displaced trade reallocated primarily among existing top-20 US trade partners."
www.nber.org/papers/w34490
www.nber.org/digest
An Anatomy of the Great Reallocation in US Supply Chain Trade
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...