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NickB79

(19,921 posts)
Fri May 9, 2025, 08:46 AM May 9

China's exports surge as shipments to Southeast Asian countries offset plunge in U.S. trade

Source: CNBC

China's exports surged in April on the back of a jump in shipments to Southeast Asian countries, offsetting a sharp drop in outbound goods to the U.S. as prohibitive tariffs kicked in.

Exports jumped 8.1% last month in U.S. dollar terms from a year earlier, according to data released by customs authority on Friday, sharply beating Reuters' poll estimates of a 1.9% rise.

Imports slumped by just 0.2% in April from a year earlier, compared with economists' expectations of a 5.9% drop.

China's shipments to the U.S. plunged over 21% in April year on year, while imports dropped nearly 14%, according to CNBC's calculation of official customs data. Chinese U.S.-bound shipments had risen 9.1% in March, as exporters rushed to frontload orders ahead of tariff hikes.

Read more: https://www.cnbc.com/amp/2025/05/09/chinas-exports-jump-us-tariffs-imports-tumble.html



Looks like the US shot itself in the foot.
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China's exports surge as shipments to Southeast Asian countries offset plunge in U.S. trade (Original Post) NickB79 May 9 OP
Wow. Who could have known this would happen. travelingthrulife May 9 #1
shithole musk republicans shot themselves in the ass................... Lovie777 May 9 #2
No one could have predicted ... eppur_se_muova May 9 #3
And are those figures from the o' so trustworthy Chinese government? EX500rider May 9 #4
About as trustworthy as the trump government figures, republianmushroom May 9 #6
They are kicking that orange tariff ass. republianmushroom May 9 #5
Well Jeez!! Canada Kid May 9 #7

Lovie777

(18,643 posts)
2. shithole musk republicans shot themselves in the ass...................
Fri May 9, 2025, 09:41 AM
May 9

the USA citizens are the bearers of the fallout.

republianmushroom

(20,020 posts)
6. About as trustworthy as the trump government figures,
Fri May 9, 2025, 12:10 PM
May 9

One trillion is saving, as per the trump government. Long ways to go still.

Canada Kid

(158 posts)
7. Well Jeez!!
Fri May 9, 2025, 01:23 PM
May 9

Good on the Chinese! They aren't going to sit around a get jerked about by the Orange Fuckface! They will ship their stuff to markets willing to do business, and the US can go to hell. Now when we need things...we will be at the back of the line, if we are even allowed to be in the line. Way to go you Republican Scumbags!! Go suck a MAGA!

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