Economics
Rush to Beat Tariffs Fuels Record China Trade Surplus With U.S.
- Surplus with U.S. hits fresh record; signs of ‘front-loading’
- Trade growth may slow in 4Q, customs administration says
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China’s export trade growth accelerated in September, signaling that producers expedited sales abroad to avoid fresh tariffs imposed by the Trump administration.
Economists said the surge, which contributed to a new record trade surplus with the U.S., can’t last.