Dollar is going to achieve weekly profits supporting commercial optimism

High between Washington and Beijing –

According to data from the general administration of Chinese customs, the total value of China’s exports to the United States is $ 33 billion in April and $ 40.1 billion in March. This means that the commercial surplus with the United States has declined from $ 27.6 billion in March to $ 20.5 billion in March, repeating US President Donald Trump’s victory and the desire to reduce the gap.

Since Trump’s return to the White House, China has imposed high customs duties, and many Chinese goods definitions have reached 145 percent. China has responded with 125 percent of the customs duties on other actions of American companies, along with goods imported from the United States.

The data showed that China’s exports to Russia have declined in April in April and that imports have declined in April. After increasing 2.8 percent in March, the goods issued to Russia were 1.6 percent on an annual basis last month. Imports from Russia fell 14.1 per cent in April to 9.8 per cent in March.

China has provided a lifetime to Moscow to overcome Western sanctions in the wake of Russia’s largest commercial partner, and a comprehensive attack on Ukraine in 2022. Reuters reported last month that lower demand for economic growth and lower demand for large purchases reduced the quantity of Russian imports from China.

In the first four months of the year, China’s exports to Russia fell by 4.2 percent and imports fell 8 percent. The value of bilateral trade from January to April reached 510.6 billion yuan ($ 70.47 billion).

During the talks in Kremlin, Chinese President Xi Jinping said that Russian President Vladimir Putin told Putin that their two countries should be “friends” because they have pledged to upgrade cooperation to a new level. Ji said that China, who is currently involved in the Customs Definition war, started by US President Donald Trump and Russia to consolidate the foundations of their cooperation and to “eliminate external interference”.

Generally, China’s exports exceeded expectations in April, with Trump’s suspension of Trump customs for 90 days through the request of goods from foreign manufacturers who export their goods quickly.

Chinese manufacturers have previously prepared fees and prepared their goods, but they are now in talks to break the deadlock between American and Chinese officials in Geneva on Saturday.

Customs data showed 8.1 percent of the shipping from China in April, crossing 1.9 percent of the economists’ Reuters poll, but it slowed from March 12.4 percent.

Imports fell by 0.2 percent compared to the estimates of 5.9 percent; As the policy manufacturers are taking steps to support the Trillion economy, the local demand indicates that the local demand is better than Expected.

Exports to Southeast Asia were up 20.8 percent in April. China’s steel exports exceeded 10 million metric tonnes in the second month in April, and senior customers like South Korea and Vietnam have resorted to buying large quantities of customs to prevent customs, analysts expect to interfere with lucrative charging trade in China.

After the Trump proposal to impose customs duties on the metal, global copper producers went to the United States, China’s raw copper import and its products were stable last month.

“Asian)” The 90 -day negotiation period will accelerate their product to fulfill the deadline in July, “said Don Wang, director of the Eurasia Group China. Its production depends largely on the exports of China’s raw materials and industrial inputs; So there is support for China’s exports. ”

She says: In the next two months, China’s exports may have the strength for the transfer of industrial capabilities, but if 145 percent of customs duties on China continue and the progress of the Asian (Trump administration), commercial data may decline very quickly.

Beijing does not bear the trade war with the United States, and if it does not cut customs duties or not, it can cause a serious blow to the China economy, which depends on the exports to move forward in the light of his struggle to recover from Pandamic and declining in the expanded real estate market.

“I hope the loss of American customs duties in trade data for April … and I hope that commercial data will be gradually weak in the next few months,” said Penpint Asset Management Chief Economist Jio NG. “Trade negotiations between China and the United States will soon come to an agreement and the customs duties to reduce the shock of global trade will be reduced,” he said.