World News | China's Exports Rose 8% in April as New US Tariffs Took Effect
Get latest articles and stories on World at LatestLY. China has reported that its exports rose 8.1% in April from the year before in the tail end of a rush by companies and consumers to beat higher US tariffs that took effect last month.
Beijing, May 9 (AP) China has reported that its exports rose 8.1% in April from the year before in the tail end of a rush by companies and consumers to beat higher US tariffs that took effect last month.
Imports fell 0.2% from the year before.
On a monthly basis, exports rose just 0.6% from March, while imports increased by nearly 4%.
China's politically sensitive trade surplus with the United States was nearly $20.5 billion in April.
In the first four months of the year, exports to the United States were down 2.5% from a year earlier, while imports from the US fell 4.7%. (AP)
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)