Tariff Shock Awaits China After Trade Surplus Hits $103 Billion

Shipping containers at the Yantian International Container Terminals in Shenzhen.Photographer: Qilai Shen/Bloomberg
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The world’s two biggest economies are headed for a divorce that will likely play out for the rest of this year and beyond, after a month that saw a huge spurt in China’s exports and its overall trade surplus hit near $103 billion.