Dhaka, July 14 -- China's exports saw a stronger-than-expected rise in June as a temporary suspension of U.S. tariffs sparked a surge in orders ahead of an August deadline, official data showed Monday.
Exports rose by 5.8% year-on-year last month, up from 4.8% in May. Imports also bounced back for the first time this year, growing by 1.1%, according to data released by China's customs authority.
While shipments to the United States were down 16% in June, the decline was notably smaller than the 34.5% drop recorded in May.
Following the reimposition of steep tariffs by U.S. President Donald Trump - with rates as high as 245% on Chinese imports - both Washington and Beijing agreed to pause further duties to allow for trade negotiations. ...
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