China’s exports rose 8% in April as new US tariffs took effect

China’s exports rose 8% in April as new US tariffs took effect
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) NSA NSA

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