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Update: As Trump Tariffs Hit, China’s Imports Surge While Trade Surplus Shrinks

A truck transports a shipping container at the Port of Qingdao in East China's Shandong Province on July 6. Photo: IC
A truck transports a shipping container at the Port of Qingdao in East China's Shandong Province on July 6. Photo: IC

*China saw its imports increase by 27.3% in July, while its exports rose by 12.2%, cutting its trade surplus by 37.4%

*These figures show that the impact of U.S. tariffs has not been great, though greater effects are likely to emerge as the trade dispute goes on, analysts said

(Beijing) — Growth in China’s imports hit a six-month high in July, while its trade surplus shrank by more than a third from a year earlier.

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