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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.
Shipments to the U.S. sank 21% in dollar terms as Trump’s tariffs on most Chinese exports rose to as high as 145%. With ...
I think a lot of companies will fail if this goes on longer,” says Ryan Petersen, CEO of Flexport in San Francisco, of ...
China's export growth likely slowed significantly in April, as shipments to the United States were dampened by Trump's ...
US-China container volumes fell 30% to 40% in April due to tariffs, Maersk's CEO said.Maersk, a key global trade indicator, ...
China’s strong export growth in April, despite sky-high U.S. tariffs, will give Beijing a boost as its officials head to ...