China Sells More, Buys Less From America, Raising Tariff Escalation Risk — Panjiva
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China Sells More, Buys Less From America, Raising Tariff Escalation Risk

China 1758 Tariffs 1169 Trade Balance 657 U.S. 3297

China’s international trade activity continued to surge in September with a 17% increase in both exports and imports on a year earlier. That marked the fastest growth since June 2017 and came despite a slump in business sentiment towards trade to its lowest since February 2016. Increased shipments to the U.S. ahead of the imposition of duties on $200 billion of exports was a significant factor with exports having risen 14% to a record high. By contrast Chinese imports from the U.S. fell 1% – retaliation is proving effective. That may be a risk going forward though as the resulting ...

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