China's exports beat forecast to rise as trade war heats up

China's exports beat forecast to rise as trade war heats upChina's exports beat gloomy forecasts to rebound in May though imports sank more than expected, official data showed Monday, as concerns lingered about the impact of its ongoing trade war with the United States. The spat between the world's top two economies escalated last month, with President Donald Trump increasing tariffs on $200 billion in Chinese goods. The politically sensitive surplus with the United States was $26.9 billion, up from $21 billion in April.




from Yahoo News - Latest News & Headlines https://yhoo.it/2WECeQx

Comments