US Import Prices Fall in March Ahead of New US Tariffs

‘Disinflation should be dominating the headlines right now,’ says Harris Financial Group managing partner Jamie Cox.

Shipping containers at PortMiami in Florida, on April 7, 2025. Joe Raedle/Getty Images

Prices of imports into the United States declined in March, helped by lower energy costs, ahead of the new U.S. tariffs.

According to the Bureau of Labor Statistics, import prices fell by 0.1 percent last month, down from the downwardly adjusted 0.2 percent increase in February. This was the first monthly decrease since September.