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Trade between the US and China is drying up. That could be bad news for American consumers.

News Snapshot:

Florida, Fort Myers, Sanibel Outlets Mall, woman shopping in Coach handbag store. Jeffrey Greenberg/Education Images/Universal Images Group via Getty Images Trade between the US and China has declined dramatically. Mexico is now the US's top trade partner. However, fewer cheap Chinese imports could mean more expensive domestic prices for American buyers. Concerns such as national security and supply-chain resiliency have weighed on US-China trade relations. With ties this year between Washington and Beijing have becoming more and more strained, Chinese imports to the US have tumbled to their lowest level in two decades. That might be bad news for American…

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