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China's July exports top forecasts amid rush to meet Trump tariff deadline
China's exports beat forecasts in July, as manufacturers made the most of a fragile tariff truce between Beijing and Washington to ship goods ahead of a looming deadline later this month. Outbound shipments from the world's second-largest economy rose 7.2 per cent year-on-year in July, customs data showed on Thursday, beating a forecast 5.4 per cent increase in a Reuters poll and June's 5.8 per cent growth. Imports grew 4.1 per cent, following a 1.1 per cent rise in June. Economists had predicted a 1.0 per cent fall. China is facing an Aug 12 deadline to reach a durable tariff agreement with the US administration, ... (full story)
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RECIPROCAL TARIFFS TAKE EFFECT AT MIDNIGHT TONIGHT! BILLIONS OF DOLLARS, LARGELY FROM COUNTRIES THAT HAVE TAKEN ADVANTAGE OF THE UNITED STATES FOR MANY YEARS, LAUGHING ALL THE WAY, WILL START FLOWING INTO THE USA. THE ONLY THING THAT CAN STOP AMERICA’S GREATNESS WOULD BE A RADICAL LEFT COURT THAT WANTS TO SEE OUR COUNTRY FAIL!
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