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☆ Yσɠƚԋσʂ ☆ to EconomicsEnglish · 7 months ago

China's exports to the U.S. clock their sharpest drop in more than 5 years — down over 34% in May

www.cnbc.com

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China's exports to the U.S. clock their sharpest drop in more than 5 years — down over 34% in May

www.cnbc.com

☆ Yσɠƚԋσʂ ☆ to EconomicsEnglish · 7 months ago
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  • cross-posted to:
  • news@hexbear.net
  • economics@lemmy.ml
U.S. and China struck a preliminary deal in Geneva, Switzerland, last month that led both sides to drop a majority of tariffs.

meanwhile, Chinese exports have surged overall as China redirects trade towards other markets https://www.cnbc.com/2025/05/09/chinas-exports-jump-us-tariffs-imports-tumble.html

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