In May 2025, China's exports to the United States dropped nearly 12% from the previous month, marking a significant slowdown in trade both ways as the two countries navigate a complex tariff landscape. Exports to the US totaled $28.8 billion while imports fell 7.4%. Analysts attribute the earlier strong trade figures to a rush in shipments before anticipated tariff hikes. Amidst these tensions, President Trump’s praise of a recent phone call with Xi Jinping indicates an emerging thaw in relations, although concerns remain regarding China's trade practices, specifically delays in export licensing.
In May, China's exports to the US fell nearly 12% from April, signaling a slowdown amidst ongoing trade negotiations and imposed tariffs.
China’s export growth slowed to a three-month low in May, indicating the adverse impacts of tariffs imposed by the Trump administration.
The fall in exports follows a rush to ship goods prior to expected tariff hikes, demonstrating the significant influence of trade policies on market behavior.
US-China trade talks are marked by rising frustrations from US officials as China delays export license approvals for crucial rare earth elements.
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