China’s July exports seen falling again

China’s exports probably fell for a second successive month while imports likely contracted more sharply in July, a Reuters poll showed, hurt by tit-for-tat tariffs in a rapidly escalating trade war between the world’s two biggest economies.

U.S. President Donald Trump has threatened to slap tariffs on more Chinese goods on top of duties already imposed, and Beijing has responded by halting the purchase of U.S. agricultural products.

If trade data due on Thursday are in line with economists’...

https://container-news.com/china-july-exports-seen-falling-again/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon