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China Shifting Trade Away From U.S. Toward EU and Asia

Summary by tradedatamonitor.com
U.S. Market Collapsing For China As Americans and Chinese officials scrambled to forge new politically acceptable trade terms, China reported a pandemic-level decline in exports to the U.S.  Chinese shipments to the U.S. fell 34.4% year-on-year in May to $28.8 billion, the steepest drop since Covid-19 upended global trade in February 2020. Chinese imports from the U.S. fell 17.9% to $10.8 billion, suggesting that the world’s richest trading rela…
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tradedatamonitor.com broke the news in on Thursday, June 19, 2025.
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