Chinese exports to the US laundry, but go beyond definitions

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China is exported to the United States They fell in April, while their trade increased with other economies, indicating that Attack tariff President Donald Trump rushes a tremor in Global supply chains.

Total China exports 8.1 % increased last month compared to the previous year, much faster than 2 % than most economists expected. but, This increase was much slower Those of 12.4 % years -for a year registered in March. Imports fell 0.2 % in April compared to the previous year.

Shipping to the United States sank 21 %Since Trump’s tariff about most Chinese exports increased to 145 %. With Chinese definitions on American products by 125 %, companies are among the largest economists that are increasingly not confirmed.

Chinese imports from the United States decreased by more than 13 % compared to the previous year, while Political sensitive trade surplus with the United States of America. Nearly 20500 million dollars (18.2 billion euros) in April, less than 27.2 billion dollars (24,200 million euros) in the previous year.

In the first four months of the year, Chinese exports to the United States decreased by 2.5 % Regarding the previous year, while imports of this country decreased by 4.7 %.

Provides customs tariffs

maybe The rupture of the introductory recession The weekend can occur itself. The Treasury Secretary, Scott Besent, and other commercial officials, will decide to meet with Chinese officials in Geneva on Saturday. but, Beijing and Washington faces a series of issuesLike the collision of strategic interests, which can prevent the progress of conversations.

Some punitive definitions, including a 125 % revenge tariff But the complete reflection is unlikelyZishon Huang, a capital economy, said in a report.

“This means that Chinese exports to the United States They will continue to decrease in the coming months, although it will not all be compensated due to the increase in trade with other countries. “We are still waiting for exports growth to be negative at the end of the year,” Huang said.

Whatever the result of these discussions, the rapid increase in Chinese exports to other countries reflects The restructuring started years ago, But this has gained a motive that Trump has sparked export barriers against the United States.

Change in the commercial system

World manufacturing companies They were looking for alternatives to adopting total industrialization in China almost Covid-19 interruption of the epidemic They highlighted the need for more diverse options.

The need for more multi -use supply chains became more clear when Trump has downloaded Chinese customs duties during his first term. Most During the mandate of former President Joe Biden.

Exports to the United States are about ten total exports of China in April, and the United States is still the largest market in China in one country. But the European Union and Southeast Asia are regional markets The most important export.

Trade with a broader group, Regional Integrated Economic Assembly (RCEP) for 15 countries, which does not include the United States, is still greater. and Exports to countries that participate In the “tape and road” initiative in China, a large network of Beijing infrastructure projects is larger.

Stagger

In the first four months of the year, it is issued to aThe Association of Southeast Asian countriesIt consists of 10 countries, an increase of 11.5 % compared to the previous year, and the mentors to Latin America also grew by 11.5 %. Shipping to India increased nearly 16 % in value, and exports to Africa increased by 15 %.

Some of A faster growth occurred in AsiaAs a reflection of the measures taken by Chinese manufacturers and other countries to diversify their supply chains outside the continental China. DExports to VietnamWhich increased 18 % years -for a year. Exports increased to Thailand 20 %.

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Returning to China, the initial numbers showed a strong decrease in maritime transport and other commercial activities. Earl this week, Beijing announced a flood of measurement measures To face the impact of the trade war on its economy, which has already struggled to restore the motivation after the epidemic and the lengthy stagnation in the real estate sector.

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