From DW News.

China has announced a record trillion-dollar-trade surplus last year, as its exports flood world markets, and this despite Donald Trump’s tariffs. China’s trade surplus — the value of goods and services it sold abroad compared to that of its imports — reached a staggering 1.19 trillion dollars — that’s an increase of 20 percent from 2024, according to customs data. To counter the impact of the US president’s tariffs, China exported elsewhere, including Europe, southeast Asia and Latin America. With analysis from DW’s China expert Clifford Coonan.

#china #tradewar #tariffs

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