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TMI BlogChina's exports in December grew 10.7%, beating estimates as higher US tariffs loomX X X X Extracts X X X X X X X X Extracts X X X X ..... China's exports in December grew 10.7%, beating estimates as higher US tariffs loom - PTI News Dated:- 13-1-2025 PTI - News - China's exports in December grew 10.7%, beating estimates as higher US tariffs loom - - - Dated:- 13-1-2025 - Hong Kong, Jan 13 (AP) China's exports in December grew at a faster pace than expected, as factories rushed to fill orders to beat higher tariffs that US President- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... elect Donald Trump has threatened to impose once he takes office. Exports rose 10.7% from a year earlier. Economists had forecast they would grow about 7%. Imports rose 1% year-on-year. Analysts had expected imports to shrink about 1.5%. Trump has pledged to raise tariffs on Chinese goods and close some loopholes that exporters now use to sell their products more cheaply in the U.S. If enacted, hi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s plans would likely raise prices in America and squeeze sales and profit margins for Chinese exporters. With exports outpacing imports, China's trade surplus grew to $104.84 billion. China's exports are likely to remain strong in the near-term, said Zichun Huang of Capital Economics, as businesses try to “front-run” potentially higher tariffs. “Outbound shipments are likely to stay resilient in t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he near-term, supported by further gains in global market share thanks to a weak real effective exchange rate," she wrote in a note. But exports will likely weaken later in the year if Trump follows through on his threat to impose tariffs, Huang said. (AP) NSA NSA - - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TM ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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