US tariffs hit China’s exports in May, but June seen as ‘a better month’

Data comes after China and the United States agreed to a temporary truce in their tit-for-tat tariff escalations last month

China’s export growth slowed last month, weighed down by fewer US orders being made before the two countries came to a 90-day tariff truce.

And while June’s prospects look poised to improve, China’s manufacturing and trade sectors remain under strain, according to economists, who also point to lingering uncertainties over American tariffs.

China’s May exports were up by 4.8 per cent, year on year, to US$316.1 billion, customs data showed on Monday.

Your personal data will be processed and information from your device (cookies, unique identifiers, and other device data) may be stored by, accessed by and shared with 91 TCF vendor(s) and 19 ad partner(s), or used specifically by this site or app.