Business

China's trade with US sinks in November amid tariff war

China's trade with the United States sank again in November as negotiators worked on the first stage of a possible deal to end a tariff war.

migrator

Beijing

Customs data on Sunday showed exports to the United States fell 23 per cent from a year earlier while imports of American goods were off 2.8 per cent.

Exports to some other countries including France rose, helping to offset the loss.

Total Chinese exports were off 2.5 per cent from a year earlier despite weakening global demand while imports were up 0.2 per cent.

President Donald Trump agreed to postpone a planned tariff increase in early October following trade talks but penalties already imposed on billions of dollars of goods stayed in place.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

3-day approval for industrial power applications: TNPDCL

Government's toddy stance exposes bias: Seeman

Can't blame party chief for IT Wing posts, submits Stalin in High Court

Madras High Court dismisses DMK leader MRK Panneerselvam’s second discharge plea in disproportionate assets case

Beef in government student hostels? Krishnasamy asks Vanni Arasu to withdraw remark

SCROLL FOR NEXT