China’s exports to US slump 21% in April but soar to South-East Asia in rush to beat tariffs


BEIJING: China’s exports rose more than forecast, even as shipments to the US slumped sharply in the first month after US President Donald Trump hit its goods with tariffs of 145 per cent.

Total exports expanded 8.1 per cent in April, above the 2 per cent increase forecast by economists, buoyed by demand for materials from overseas manufacturers who rushed out goods to make the most of Trump’s 90-day tariff pause for countries other than China.

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China , South-East Asia , tariffs , US , exports , April

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