American imports from China fell sharply in June, despite the gust of orders ahead of the new tariffs

China exports accelerated in June as a postponement in US tariffs caused a wave of orders by companies and consumers before a deadline of August.

Exports rose 5.8% compared to an increase of 4.8% in May. Imports also recovered, growing 1.1% in the first increase so far this year, according to customs data published on Monday.

Exports to the United States fell 16%, but that was less than half of the fall of 34.5% observed in May, since some companies rush early ordering inventory Before the August expiration of a 90 -day tariff truce.

After the president of the United States, Donald Trump, imposed tariffs of up to 245% in the imports of China and Beijing responded with their own steep import tariffs, the two parties agreed on a truce to give time to the conversations.

Retailers and other importers who had largely stopped shoes, clothing, toys and other items due to the new rates resumed the imports of China.

But preliminary discussions between the two parties have not yet produced significant progress and sudden changes in politics have increased uncertainty for companies that try to plan in advance.

Commercial growth of China

Meanwhile, the Trump administration has increased tariffs on China imports by 30%, waiting for a deadline of August 12 to return to the highest rates than Washington and Beijing have been delayed for now.

Recovery in trade is expected to help boost economic growth in the quarter from April to June. The Chinese government will report those figures on Tuesday.

Even so, the perspective is less optimistic, said Zichun Huang of Economics Capital, and pointed out that “tariffs probably remain high and Chinese manufacturers face growing limitations on their ability to quickly expand world participation in the market by reducing prices.

“Therefore, we hope that the growth of slow export in the next quarters, weighing economic growth,” Huang said in a report.

The data during the first six months of the year showed that although the commercial war with the United States warmed after Trump’s return to the White House, China’s global trade continued to grow.

Total trade, including exports and imports, reached a record of more than 20 billion yuan ($ 2.8 billion) as Chinese companies diversified their production and export markets abroad. China’s global commercial surplus in the first half of the year reached $ 586 billion.

Exports to Southeast Asia grew by 13% year -on -year in January to June, with shipments to Thailand 22%, Vietnam went up almost 20% and India rose more than 18%.

Europe with Europe was also fast, rising 6.6% in the first half of the year from the previous year.

But car exports fell after the European Union imposed higher tariffs on Chinese electric vehicles, sinking almost 38% compared to the previous year. Autopartes exports fell more than 23%.

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The AP Yu Bing researcher in Beijing contributed.

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