AMN
China’s trade with the United States sank again in November as negotiators worked on the first stage of a possible deal to end a tariff war.
Customs data today showed exports to the United States fell 23 per cent from a year earlier while imports of American goods were off 2.8 per cent.
Meanwhile, exports to some other countries including France rose, helping to offset the loss.
US President Donald Trump agreed to postpone a planned tariff increase in early October following trade talks but penalties already imposed on billions of dollars of goods stayed in place.