This morning the Chinese chinese import-export data for April (remember that Trump’s official announcement of duties took place on 2 April)
- Export from China to USA -21% in April (-2.5% YTD)
- US imports to China -14% in April (-4.7% YTD)
Overall Chinese exports grew in April with strong contributions from Asean🇮🇩🇵🇭🇹🇭and Europa🇪🇺
the number of cargo ships travelling from China to the US dropped dramatically towards the end of the month
