Tags: AS | China | Trade

China Imports from US Plunge in June amid Tariff war

Friday, 12 July 2019 05:38 AM EDT

BEIJING (AP) — China's imports from the United States plunged 31.4% in June from a year earlier amid a tariff war with Washington, while exports to the U.S. market sank 7.8%.

Customs data on Friday showed China's global exports sank 1.3% while imports fell 7.3%.

U.S.-Chinese trade has weakened since President Donald Trump hiked tariffs on goods from China in a fight over Beijing's technology ambitions. China retaliated with its own penalty duties and ordered importers to find non-U.S. suppliers.

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China's imports from the United States plunged 31.4% in June from a year earlier amid a tariff war with Washington, while exports to the U.S. market sank 7.8%.Customs data on Friday showed China's global exports sank 1.3% while imports fell 7.3%.U.S.-Chinese trade has...
AS,China,Trade
79
2019-38-12
Friday, 12 July 2019 05:38 AM
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