China's trade with US shrinks as tariff war worsens
BEIJING (AP) ” China’s trade with the United States is falling sharply as the two sides prepare for more negotiations with no sign of progress toward ending a worsening tariff war that threatens global economic growth.Imports of U.S. goods fell 22% in August from a year earlier to $10.3 billion following Chinese tariff hikes and orders to companies to cancel orders, customs data showed Sunday.Exports to the United States, China’s biggest market, sank 16% to $44.4 billion under […]
