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@ Layer3.news
2025-06-09 03:17:27
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CHINA EXPORTS GROWTH MISSES EXPECTATIONS DESPITE TARIFF TRUCE; IMPORTS PLUNGE AMID WEAK CONSUMPTION
https://image.cnbcfm.com/api/v1/image/108154340-1749031454645-gettyimages-2215899445-cfoto-chinesev250522_npUxt.jpeg?v=1749031479&w=1920&h=1080
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✍️ China's exports growth missed expectations in May, despite a temporary trade truce with the US, with exports rising 4.8% and imports plunging 3.4%.
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👉 China's exports growth missed expectations in May
👉 Exports rose 4.8% in US dollar terms
👉 Imports plunged 3.4% in May
👉 Trade tensions between China and the US continued to affect trade performance
👉 Temporary trade truce saw a 90-day pause on steep duties
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#HeLifeng #ScottBessent #DonaldTrump #China #US #Netherlands #Belgium #SuzhouCity #JiangsuProvince #London #Geneva #Switzerland #politics
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