China’s exports to US sink, offset by trade with other economies, as US tariffs hit global trade

China exports beat forecasts despite trade war with US

Chinese exports rose last month despite the trade war raging with the United States, official data showed Friday ahead of talks between the two countries.

China’s exports to US sink, offset by trade with other economies, as US tariffs hit global trade

By ELAINE KURTENBACH, Associated Press Business Writer China’s exports to the United States tumbled in April while its trade with other economies surged, suggesting that President Donald Trump’s tariffs offensive is hastening a shakeup in global supply chains. Total exports from China rose 8.1% last month from a year earlier, much faster than the 2% pace most economists had been expecting. That was much slower than the 12.4% year-on-year increas…

While exports to the US fell by more than 20 percent, exports to Southeast Asia and Europe increased sharply.

China exports beat forecasts ahead of US tariff talks

Chinese exports rose last month despite the trade war raging with the United States, official data showed Friday ahead of talks between the world's top two economies towards easing the standoff.

China's foreign trade is unimpressed by the trade war with Washington. Although less is being sent to the US, exports to other countries increased markedly.

Mohamed El-Erian Flags 'Adverse Implications' For Domestic Industries As China's Exports Rise 8% Despite 21% Drop In US Shipments - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)

Mohamed El-Erian highlights "adverse implications" for domestic industries after China's shipments to US fall 21% despite 8% overall increase.