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Amid steep levies, shipments from China to the U.S. plunged in April, with Chinese exports rerouted to other countries.
Beijing and Washington are meeting in Switzerland to discuss lowering sky-high tariffs that shook financial markets and stirred global economic worries.
I think a lot of companies will fail if this goes on longer,” says Ryan Petersen, CEO of Flexport in San Francisco, of ...
China has cut interest rates and bank reserve requirements as part of a barrage of measures meant to counter the blow to its ...
China's export growth likely slowed significantly in April, as shipments to the United States were dampened by Trump's ...
China announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump's trade war, as the two sides prepared for talks later this week.
China’s strong export growth in April, despite sky-high U.S. tariffs, will give Beijing a boost as its officials head to ...