China's Exports to the US Drop 35% Ahead of Trade Talks in London

Reported about 1 month ago

In May, China's exports to the United States fell by 35% compared to the previous year, raising concerns for the country's economy as trade discussions with Washington are set to begin in London. While overall exports rose 4.8%, imports dropped 3.4%, resulting in a trade surplus of $103.2 billion. Exports to Southeast Asia and the EU remained strong, but analysts predict a further slowdown in export growth due to persistent tariffs and domestic market challenges.

Source: YAHOO

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