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International News

Nov 08, 2018
1:41PM

China's exports to US tick up as traders try to beat tariffs

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China's exports to the United States ticked up last month as traders rushed to beat another round of tariff hikes. Exports to the US market rose 13.3 per cent over a year earlier to 42.7 billion US dollar, up from September's 13 per cent growth.  Imports of American goods rose 8.5 per cent to nearly 11 billion, dollar decelerating from the previous month's 9 per cent.

China's trade surplus with the United States narrowed to 31.8 billion US dollars from September's record of about 34 billion US dollars. China's exports to the United States have been unexpectedly resilient since Trump started imposing punitive tariffs on goods in July in a fight over Beijing's technology policy.
 

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