Despite the U.S.-China trade war and tariffs up to 55%, Chinese exports to the U.S. remain strong, totaling over $100 billion in Q3. Some categories, like e-bikes ($500M) and electronics (~$8B), even grew year-on-year. Bloomberg notes that China’s role in global supply chains makes it hard for other countries to quickly replace it. September exports rose 8.3% YoY, above forecasts. Amid ongoing tensions, the U.S. has threatened additional tariffs, while China maintains it will fight if forced but remains open to negotiations, with new trade talks planned soon.
Credit : CGTN
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