According to The Kobeissi Letter, approximately 40% of all U.S. imports are sourced from China, Canada, and Mexico, highlighting the significant dependency of the U.S. on these trading partners. Specifically, the auto industry imports $80 billion worth of goods from Canada and Mexico annually, which could impact the supply chain and pricing strategies in the automotive sector. Additionally, the U.S. imports $97 billion in crude oil from Canada each year, influencing energy markets and potentially affecting the cost of energy commodities. Furthermore, $55 billion in phone imports from China underline the dependency on Chinese manufacturing, which could affect the consumer electronics market if trade relations shift. These figures indicate significant trading ties that can shape market dynamics and trading strategies in related sectors.

According to @KobeissiLetter, the US has imposed a 25% tariff on goods imported from Canada and Mexico, effectively increasing the cost of $100 worth of goods to $125. In 2023, the US imported $910 billion worth of goods from these countries, which means many imported items will now be costlier, potentially affecting trade balances and pricing strategies.

According to The Kobeissi Letter, there is a significant concentration of buying in technology stocks. With 30% of US imports from China being in the computer and electronic category, and US chip exports to China and Singapore drawing attention, the market presents highly tradable opportunities. These dynamics suggest that traders should focus on tech stocks and related import-export activities for potential gains.