US EditionChina Hits Record $1.2 Trillion Trade Surplus Despite Trump Tariffs
China's exports to the European Union, Africa, and Southeast Asia rose by up to 26% to offset a 33% drop in US sales, driving a projected $1.2 trillion trade surplus in 2025.
31 Articles
31 Articles
Trump tariffs bring record export business to China, trade on track for $1.2 tn surplus
Despite the steepest US tariffs in decades, China is on course for a record $1.2 trillion trade surplus as its exporters redirect goods to new markets unsettling governments worldwide
The OECD published this morning its interim economic outlook report of September 2025, in which it estimates that the world economy will grow at a rate of 3.2% this year, slightly less than 3.3% in 2024, although three tenths more than in its report last June. By 2026 the estimate of an expansion of 2.9% was maintainedThe agency said that world growth proved to be more resilient than expected in the first half of 2025, especially in many emergin…
OECD Economic Outlook, Interim Report September 2025
Global growth was more resilient than anticipated in the first half of 2025, with industrial production and trade supported by front-loading ahead of higher tariffs. However, recent indicators show some signs of softening growth and disinflation has levelled off. Effective tariff rates on imports to the United States have also risen further since May. Global growth is expected to moderate as the full impact of higher tariffs is felt. Key downsid…
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