China's exports to US tick up as traders try to beat tariffs

BEIJING — Growth in Chinese exports to the United States ticked up in October as traders rushed to beat a new round of U.S. tariff hikes in a battle over Beijing's technology policy.

Customs data on Thursday showed sales to the U.S. market rose 13.3 percent over a year earlier, up from September's 13 percent growth.

Economists at ING said the data show Chinese exporters are trying to beat a U.S. tariff increase planned for January. They said a meeting between Presidents Xi Jinping and Donald Trump this month in Argentina is unlikely to produce positive results.

Governments of the two biggest global economies have raised tariffs on billions of dollars of each other's goods in the fight over U.S. complaints about Chinese technology policy.

You may also like these

Huawei wins China patent lawsuit against rival...

Jan 11, 2018

A Chinese court says tech giant Huawei has won a patent infringement lawsuit against South Korea...

China to recruit civilian astronauts, boost...

Mar 5, 2018

China plans to begin recruiting civilian astronauts for its military-backed space program and...

China: Smaller trade surplus, OK. But tech...

Jun 4, 2018

China says it will narrow its trade surplus with the United States but rejects pressure to change...

Asian stocks tumble after new Trump tariff threat

Jun 19, 2018

Asian stocks have tumbled after U.S. President Donald Trump escalated a dispute with Beijing over...

Tesla will build its 1st factory outside US in...

Jul 11, 2018

Electric car producer Tesla will build its first factory outside the United States in Shanghai,...

About Us

Science Tech Today is all about the present with what’s new in the Science and Technology world. “Keep up with today, and don’t be left behind.”

Contact us: sales[at]sciencetechtoday.com

Subscribe Now!