CX Daily: China’s Exporters Get More Help to Withstand Trump’s Trade War

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In Depth: China’s exporters get more help to withstand Trump’s trade war

Uncertainty over the outlook for China’s exports amid the tariff war with the U.S. has prompted the Chinese government to step up support for two trade credit insurance programs as part of its strategy to help exporters weather the shock.

Beijing and Washington have now moved to de-escalate their dispute, which had seen the U.S. impose additional levies of as much as 145% on imports from China. After two days of talks in Geneva, senior officials from the two countries jointly announced on May 12 that most of the additional tariffs they had imposed on each other would be suspended for 90 days or removed, while negotiations continue to resolve a string of economic and trade issues between the two countries.