Tag: Chinese economy

Trump Reduces China Tariffs to 47% After “Amazing” Meeting With Xi

Trump Reduces China Tariffs to 47% After “Amazing” Meeting With Xi

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In a move that marks a major shift in global trade dynamics, US President Donald Trump announced that tariffs on Chinese goods will be reduced from 57% to 47%. The decision follows his first face-to-face meeting with Chinese President Xi Jinping since 2019 — a discussion Trump described as “amazing”. The leaders met in Busan, […]

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China’s US Exports Plunge as Global Shipments Reach a Six-Month High

China’s US Exports Plunge as Global Shipments Reach a Six-Month High

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China’s trade landscape is showing contrasting signals — a sharp decline in exports to the United States but a promising surge in global shipments. According to customs data released Monday, China’s worldwide exports climbed 8.3% year-on-year in September, reaching USD 328.5 billion, surpassing economists’ expectations and marking the strongest performance in six months. This follows […]

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