Chinese exports surge despite US tariffs

Chinese exports surge despite US tariffs

China has reduced exports to the US as President Trump's tariffs take effect, but this has been offset by boosting trade with other Asian countries

Exports rise in April despite surge in tariffs

Despite Washington's hefty tariffs against Beijing kicking off early in April, China's exports surged by 9.3 percent year-on-year in the same month — a stronger-than-anticipated performance underpinned by the country's competitiveness and the effectiveness of its policies。

China Exports Surge Despite US Tariffs, Trade Row

Chinese exports saw a surprise rise last month despite the ongoing trade dispute with the United States, according to official figures released on Friday, ahead of upcoming talks between the world’s two largest economies aimed at easing tensions. Analysts said the stronger-than-expected 8.1% year-on-year increase in April suggests China is redirecting its trade flows to Southeast Asia to mitigate the impact of steep US tariffs—some reaching as h…

CNBC: China’s exports surge as shipments to Southeast Asian countries offset plunge in US trade - The Loadstar

CNBC reports: China’s exports surged in April on the back of a jump in shipments to Southeast Asian countries, offsetting a sharp drop in outbound goods to the U.S. as prohibitive tariffs kicked in. Exports jumped 8.1% last month in U.S. dollar terms from a year earlier, according to data released by customs authority on Friday, sharply beating Reuters’ poll estimates of a 1.9% rise. Imports slumped by just 0.2% in April from ... The post CNBC: …