China says its exports to the US have plummeted ahead of trade talks

By&nbspEuronews&nbspwith&nbspAP

Published connected 09/06/2025 - 9:46 GMT+2•Updated 11:36

China's exports roseate 4.8% successful May from a twelvemonth earlier, according to information released connected Monday conscionable hours up of different information of waste and acquisition talks betwixt nan US and China.

The full was a spot little than expected, arsenic shipments to nan United States fell 34.5% successful nan aforesaid clip period.

Imports declined 3.4% year-on-year, leaving a waste and acquisition surplus of $103.2bn (€90.33bn).

China exported $28.8bn to nan United States successful May (compared to $44 cardinal past year), while its imports from nan US fell 7.4% to $10.8bn, nan study said.

Still, exports to Southeast Asia and nan European Union remained robust, increasing 14.8% and 12% year-on-year.

“The acceleration of exports to different economies has helped China’s exports stay comparatively buoyant successful nan look of nan waste and acquisition war,” Lynne Song of ING Economics said successful a commentary.

Still, waste and acquisition slowed successful May from an 8.1% jump successful China's world exports successful April.

Many businesses had rushed orders to effort to hit higher tariffs, moreover arsenic immoderate caller import duties took effect aliases remained successful place.

Exports will apt rebound somewhat successful June acknowledgment to a 90-day suspension of astir of nan tariffs China and nan US imposed connected each different successful their escalating waste and acquisition war.

“But pinch tariffs apt to stay elevated and Chinese manufacturers facing broader constraints connected their expertise to prolong accelerated gains successful world marketplace share, we deliberation export maturation will slow further by year-end,” Zichun Huang of Capital Economics said successful a report.

Despite nan tariffs truce, nan rancour betwixt Beijing and Washington has persisted, pinch angry exchanges complete precocious semiconductors, “rare earths” that are captious to galore industries, and visas for Chinese students astatine American universities.

The adjacent information of negotiations is owed to return spot connected Monday successful London, pursuing a telephone telephone past week betwixt Trump and Chinese leader Xi Jinping.

Other figures released connected Monday item really slowing exports are impacting nan world's 2nd largest economy, since China imports galore of nan components and materials needed for nan equipment it assembles for nan world.

At nan aforesaid time, China's ain home markets are suffering. The authorities reported that user prices fell 0.1% successful May, pointing to sluggish demand. The persisting deflation partially reflects little nutrient prices, economists said.

Producer value deflation was worse, contracting 3.3% successful May, its lowest level successful almost 2 years, aft falling 2.7% successful April.