China's trade surplus with USA increases to $22.2B
China's trade surplus with USA increases to $22.2B
UPDATE 1-China's April exports bounce back more than expected despite US trade brawl
09 May, 2018, 00:56
China's exports recovered at a faster than expected pace in April and imports growth accelerated notably, data from General Administration of Customs revealed Tuesday.
U.S. President Donald Trump has threatened to hike tariffs on $150 billion in Chinese imports. Exports amounted to USD200.4 billion.
USA officials traveled to Beijing last week for talks with their Chinese counterparts to resolve the issue but made little progress.
Julian Evans-Pritchard, an economist at Capital Economics, said despite a seasonal uptick in export growth, the data suggest that foreign demand for Chinese goods has started to soften, with the prospect of possible United States tariffs weighing on the outlook.
"We are working on something that we think will be great for everybody", said Sanders who promised to keep reporters "posted as discussions are ongoing".
Imports last month also grew more robustly than expected, suggesting China's domestic demand is holding up well, good news for policymakers looking to soften the blow from any trade shocks. President Donald Trump's demands that China slash its surplus with the USA have become a cornerstone of his combative economic policy.
For January-April, China's trade surplus with the United States was $80.4 billion.
China's trade surplus with the USA widened to US$22.19 billion last month, from US$15.43 billion in March, according to Reuters calculations based on Customs data released yesterday.
China's exports to the U.S. last month rose 9.7 percent from a year earlier, slowing from a 14.8 percent rise in the first quarter.
Imports in April also showed robust growth of 22% from past year, up to USD171.7 billion.
After last week's meeting, China's Commerce Ministry said the two sides had agreed to establish a mechanism to try to resolve their dispute, though differences remained.
On Tuesday, China called for U.S. trade talks to be conducted on an equal footing, as Beijing's top economic official is due in Washington next week for more discussions on a dispute that could trigger tariffs on billions of dollars of goods this month.
Economists at ANZ said some Chinese exporters might be accelerating electronics shipments amid the tariff threats.
While some may call him a triple threat - as an actor, writer and singer - he considers himself "just a threat". Though it's a Saturday Night Live skit, it shows how awesome Glover's Lando is going to be on the big screen.
His first one went pretty well in his major league debut last weekend, he took a ideal game into the seventh inning against St. In fact, the 2018 Padres, who struck out 13 times Friday night, are historically bad at merely making contact with the baseball.
In a statement, Chandler Police said that a Honda sedan swerved from its lane to avoid a collision with another vehicle . He said the vehicle was traveling westbound as it approached an intersection and the Honda sedan was traveling eastbound.
You can respond to previously received messages too, by pulling down your notification shade and tapping on a message. Fitbit announced that it is adding a new feature to help women track menstrual cycles called female health tracking.
Police said another civilian was wounded in the attack, in an area where the Taliban and an IS affiliate are active. They were abducted while travelling to the area, where the company, KEC, owns an electricity sub-station contract.
Coached by Felix Sanchez, Qatar are one of the 24 teams that will feature in the biggest tournament for national teams in Asia. Defending champions Australia will renew their rivalry with Syria after being drawn alongside the Middle Eastern nation.
Jonathan Marchessault opened the scoring, and Nate Schmidt added an insurance goal that was only detectable by replay. Not a lot of people expected this team to play at the level they are playing at, despite the players they drafted .
Pitts was shot and later died following a homicide investigation Friday night at a Terre Haute apartment complex. The death was the first in the line of duty for a Terre Haute police officer since July 11, 2011.
Cardiff City manager Neil Warnock is relishing his return to the Premier League after finishing second in the championship . Cardiff didn't so much win promotion to the Premier League , as were gifted it by a poor performance in Birmingham .
Turnout stood at a lowly 49 percent, according to official figures released after Sunday's vote by the interior ministry. Astute pre-electoral tactics have secured Hezbollah enough allies to withstand political challenges on strategic issues.
Trump's moves angered Palestinian leaders, who have refused to talk to his administration, accusing it of pro-Israel bias. The use of live ammunition by Israel's army has been condemned by the global community and human rights activists.
IPL 2018: SRH vs RCB Match Report
SRH were eventually wrapped up for 146, with three wickets , which included two run outs, coming in the last over of the innings. Sandeep Sharma has so far dismissed Virat Kohli on five occasions - the most he has dismissed a particular batsman in the IPL.
Viviani wins 3rd Giro stage in Israel
Yesterday was a bit disappointing but the team backed me today and the team did everything possible to put me into pink. With a strong tailwind in the peloton's sails, the gap came down to under a minute with 40 kilometres remaining.
Instagram quietly launches payments for commerce
To start using the feature, users are required to register a debit or credit card in their profile and then set up a security pin. After setting up of the required details, the payments feature can be used for booking appointments at restaurants and salons.
Charlie Rose Sexually Harassed 3 CBS Staffers, Suit Claims
Harris, McNeal and Wei all allege Rose physically and verbally sexually harassed them and also faced verbal abuse from the host. Since Rose was sacked , CBS News said it has taken steps to ensure a safer workplace, including mandatory misconduct training.
CBS Staffers Hit Charlie Rose With Sex-Harassment Suit
In the following three decades, three CBS managers had been made aware of the complaints, according to the Post investigation. According to the suit, Rose fired both Harris and McNeal after the first Washington Post article was published.