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China's trade surplus with U.S. hits record as exporters rush to beat tariffs

Reuters  |  BEIJING 

By Yawen Chen and Elias GlennBEIJING (Reuters) - China's trade surplus with the United States swelled to a record in June as its overall exports grew at a solid pace, a result that could further inflame a bitter trade dispute with Washington.But signs exporters were rushing shipments before tariffs went into effect in the first week of July suggest the spike in the surplus was a one-off, with analysts expecting a less favourable trade balance for China in coming months as duties on exports start to bite. The data came after the administration of U.S. President Donald Trump raised the stakes ...

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First Published: Fri, July 13 2018. 13:47 IST
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