U.S. tariffs fail to dent China's trade surplus

08/12/2025 6 min
U.S. tariffs fail to dent China's trade surplus

Listen "U.S. tariffs fail to dent China's trade surplus"

Episode Synopsis


From the BBC World Service: The latest economic data from China shows that while exports to the U.S. crashed over the past year, China's towering annual trade surplus surpassed $1 trillion for the first time last month. The data reveals what economists and Chinese officials have said for a while now: Chinese manufacturers can find other buyers. Then, lawmakers in France's divided parliament have been at odds for weeks over the country's budget.