China's export economy under Trump's tariff onslaught the worst since COVID AlphaNews.org

China's export economy under Trump's tariff onslaught the worst since COVID AlphaNews.org

Share This Story(Daily Caller News Foundation) — China’s manufacturing engine is sputtering, with new data revealing the most severe hit to China’s economy since the COVID shutdown. The country’s economy slipped from growth to contraction after the Purchasing Managers’ Index (PMI) fell below 50 in April. New export orders sank to their lowest level since December 2022 when China was still under lockdown, according to figures reviewed by the Wall…

US Tariffs May Drive China’s Economy Into a Depression, Experts Say - The Thinking Conservative

Exports made up one-third of China’s economic growth last year. Export numbers are hard to forge as they have to match other countries’ imports. The post US Tariffs May Drive China’s Economy Into a Depression, Experts Say appeared first on The Thinking Conservative.

China's export freight volumes fell by 10% in the first 25 days of April, in sharp contrast to the 4% increase recorded in March. The post Trade war: American surtaxes plunge Chinese exports appeared first on Leseco.ma.

China’s economic output continued to grow in April, although changes in the foreign trade environment brought a level of disruption to the manufacturing sector. The post China’s economy shows resilience amid uncertain external environment appeared first on Monitor Mercantil.

Liu Miao has sold clothes on Amazon to wholesale buyers in the United States for the past five years. That trade has stopped abruptly. Mr. Liu owns a small factory in Guangzhou, for a long time the center of China’s highly competitive garment industry. He and other factory managers, who already deal with narrow profit margins, said last week that President Trump’s combination of tariffs and new tax on cheap imports had greatly reduced their busi…

China's Factory Activity Slows As U.S. Tariffs Hit Export Orders

China's factory activity slowed at the beginning of the second quarter, dragged down by a sharp decline in new export orders and renewed job losses.