(Joe McDonald – Associated Press)
China’s exports rebounded from a slump in March and sales to the United States rose despite President Donald Trump’s tariff hikes.
Exports rose 14.2% over a year ago to $198.7 billion, recovering from February’s 20.8% contraction, customs data showed Friday. Imports fell 7.6% to $166 billion, worsening the previous month’s 5.2% decline.
Exports to the United States rose 3.7% to $31.8 billion, recovering from February’s 28.6% decline despite Trump’s tariffs of up to 25% on $250 billion of Chines goods. Click here to read more.