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

TN Minister Vijay Tamilan Parthiban launches Rs 10 ‘Payani’ water bottle for SETC passengers

Meta-physical: Hyderabad-based devotees detained for using Meta’s smart glasses to photograph deities at Tiruvannamalai temple

Kerala: Attempt to murder charge against passenger accused of trying to open flight exit gate

BCCI secretary Saikia to visit COE to take stock of injury crisis, to meet with VVS Laxman

Palani temple land fraud: Advocate dies hours after CB-CID interrogation