China’s Exports To US Sink, Offset By Trade With Others

May 9, 2025 5:03 am

China’s exports to the United States have tumbled while its trade with other economies surged in April. Data released Friday showed China’s total exports rose 8% last month from a year earlier, much faster than most economists had been expecting. Exports to the U.S. sank 21% as President Donald Trump’s tariffs on Chinese exports rose to as high as 145%. But China’s total exports remained resilient, with exports to Latin America, India and Southeast Asia expanding at a double-digit pace in the first four months of the year. Treasury Secretary Scott Bessent and other senior trade officials are due to meet with Chinese officials in Geneva for talks this weekend.