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Chinese exports, aided by tariff dodging, defy Trump’s trade pressure

  • China reported an 8.1 percent year-on-year rise in exports in April 2025 despite a 17.6 percent month-on-month drop in shipments to the United States.
  • The rise followed a period of escalating US tariffs and trade tensions which led China to re-route shipments through Southeast Asian countries like Vietnam, Thailand, and Indonesia to mitigate tariffs.
  • Analysts characterized the change as a fundamental realignment of worldwide supply chains, with Vietnam emerging as a key offshore center for goods destined for the US market from China, while China continues to play a pivotal role in manufacturing.
  • Stephen Innes highlighted that the worldwide supply chain is being adjusted rapidly, and the 8.1 percent increase in exports greatly surpassed the 2 percent growth predicted by analysts surveyed by Bloomberg.
  • Upcoming US-China talks in Geneva aim to ease the standoff, but tariffs remain high and experts warn trade data may weaken in coming months amid ongoing uncertainty.
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Caixin Global broke the news in on Friday, May 9, 2025.
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