US businesses paid an additional 2.7 billion US dollars in tariffs in November 2018, according to data released Thursday.
This is the most recent monthly data available due to the 35-day partial government shutdown which ended in late January, said Tariffs Hurt the Heartland, a nationwide campaign against the US administration's recent tariffs, which released the data.
The data also shows that US export growth hit its lowest level of 2018 in November, partly due to a 37-per cent decline in exports of products facing retaliatory tariffs, reports Xinhua.
The monthly import data is calculated using numbers from the US Census Bureau, while the monthly export data is based on numbers from the Census Bureau and the Agriculture Department.
A study recently released by the group showed that nearly a million US jobs could be lost due to newly imposed US tariffs on foreign imports and retaliatory tariffs by its trading partners, with agriculture and service sectors being major victims.
