Tag: Chinese economy

Trump Announces Tariff Cut to 47% After ‘Productive’ Meeting With Xi Jinping

Trump Announces Tariff Cut to 47% After ‘Productive’ Meeting With Xi Jinping

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In a development that could reshape the global trade landscape, US President Donald Trump confirmed he will reduce tariffs on Chinese goods to 47%, down from the previous 57% rate. The move comes after what he described as an “amazing” face-to-face meeting with Chinese President Xi Jinping in Busan, South Korea — their first direct […]

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China’s US Exports Plunge as Global Shipments Reach a Six-Month High

China’s US Exports Plunge as Global Shipments Reach a Six-Month High

thevoiceofpalestine.comLeave a Comment on China’s US Exports Plunge as Global Shipments Reach a Six-Month High

China’s trade landscape is showing contrasting signals — a sharp decline in exports to the United States but a promising surge in global shipments. According to customs data released Monday, China’s worldwide exports climbed 8.3% year-on-year in September, reaching USD 328.5 billion, surpassing economists’ expectations and marking the strongest performance in six months. This follows […]

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