China's exports growth fell short of expectations in May, primarily due to a steep drop in shipments to the U.S. Despite a trade truce, tensions remain high as both nations prepare for renewed negotiations.
China's exports skyrocketed 8.1% in April, driven by a boom in shipments to Southeast Asia, despite a dramatic 21% plunge in exports to the U.S. as tariffs take their toll. Explore the implications for global trade.
Asian markets suffered significant declines following the announcement of a staggering 145% tariff on Chinese exports to the US. With Japan’s Nikkei 225 and other major indexes reacting, the implications for global trade are profound.
