Reuters
Thu, May 8, 2025, 8:20 PM 1 min read
BEIJING (Reuters) -China's exports expanded 8.1% year-on-year successful April, portion imports contracted 0.2%, customs information showed connected Friday, some defying expectations for a overmuch sharper slowdown successful trade.
Economists polled by Reuters had forecast a 1.9% summation successful exports and a 5.9% driblet successful imports.
The caller information followed a 12.4% year-on-year leap successful exports successful March, erstwhile Chinese factories pushed retired shipments earlier U.S. President Donald Trump's 145% tariffs connected Chinese goods took effect connected April 9. Imports had fallen 4.3% successful March.
China has retaliated against U.S. tariffs by ramping up its levies connected U.S. imports to 125%. The tit-for-tat commercialized warfare is threatening China's exports, which had been a lone agleam spot successful the country's patchy post-pandemic economical recovery.
Officials from the 2 countries are gathering this play successful Switzerland to commencement commercialized negotiations.
(Reporting by Joe Cash and Yukun Zhang; Editing by Sam Holmes)