China’s August Imports From U.S. Fall 22.5%

September 8, 2019 7:40 am

BEIJING (AP) – China has reported that August imports from US fall 22.5% amid a tariff war with Washington, while exports to US fall 16%. Chinese customs data reported Sunday shows imports of U.S. goods fell to $10.3 billion following Chinese tariff hikes and orders to companies to cancel orders. Exports to the United States sank to $44.4 billion. Chinese exporters also face pressure from weakening global demand at a time when Beijing is telling them to find other markets to replace the United States.