U.S. imports from China have plummeted to a 16-year low in June due to high tariffs imposed on Chinese goods. Despite this significant decrease in imports from China, the overall U.S. trade deficit remains substantial. This suggests that while tariffs have impacted trade with China specifically, they haven't effectively addressed the broader trade imbalance issues facing the United States. The data indicates a reshuffling of trade partners rather than a fundamental correction of the trade deficit.