A: Hey there! Did you catch the latest news about China?
B: No, what's up?
A: Well, it seems that China's exports to the US dropped in June compared to last year...
B: Oh no, what happened?
A: But they recovered from the previous month! It looks like exporters were hurrying to send goods before a deadline in mid-August.
B: Wow, that sounds intense! So, what about US imports from China?
A: Well, they also dropped, but less than last month. The tariff deal between the two countries seems to have helped a bit.
B: That's good to hear, at least there's some improvement!
A: Yes, and interestingly, China's exports grew in other areas, like Southeast Asia and Europe. Imports also increased slightly.
B: Hmm... I wonder if this could affect the trade between us and other countries in the region.
A: Exactly! Chinese firms often send components to Southeast Asia for assembly and then ship them to the US from there. But additional US tariffs on those economies, due in August, might change that.
B: Whoa, I hadn't thought about that before... This is getting complicated!
----------------
China's export value to the United States continued to fall in June from a year earlier. But it recovered ground from the previous month.
Exporters apparently rushed to ship out goods before the mid-August deadline for the two countries to work out their tariff deal.
Chinese customs authorities say US-bound shipments dropped 16.1 percent in dollar terms. That compares to a decline of 34.5 percent in May.
The value of imports from the US fell 15.5 percent in June. That was also a smaller drop than the previous month.
Washington and Beijing slashed their steep additional tariffs in mid-May. They agreed to halt some of them for 90 days and continue negotiations.
China's overall exports grew 5.8 percent last month, due to increased shipments to Southeast Asia and Europe. Imports rose 1.1 percent.
Many Chinese firms send components to Southeast Asia for assembly and ship the finished products to the US from those countries.
The practice could be affected by additional US tariffs on major economies in the region that are due to take effect on August 1.
B: No, what's up?
A: Well, it seems that China's exports to the US dropped in June compared to last year...
B: Oh no, what happened?
A: But they recovered from the previous month! It looks like exporters were hurrying to send goods before a deadline in mid-August.
B: Wow, that sounds intense! So, what about US imports from China?
A: Well, they also dropped, but less than last month. The tariff deal between the two countries seems to have helped a bit.
B: That's good to hear, at least there's some improvement!
A: Yes, and interestingly, China's exports grew in other areas, like Southeast Asia and Europe. Imports also increased slightly.
B: Hmm... I wonder if this could affect the trade between us and other countries in the region.
A: Exactly! Chinese firms often send components to Southeast Asia for assembly and then ship them to the US from there. But additional US tariffs on those economies, due in August, might change that.
B: Whoa, I hadn't thought about that before... This is getting complicated!
----------------
China's export value to the United States continued to fall in June from a year earlier. But it recovered ground from the previous month.
Exporters apparently rushed to ship out goods before the mid-August deadline for the two countries to work out their tariff deal.
Chinese customs authorities say US-bound shipments dropped 16.1 percent in dollar terms. That compares to a decline of 34.5 percent in May.
The value of imports from the US fell 15.5 percent in June. That was also a smaller drop than the previous month.
Washington and Beijing slashed their steep additional tariffs in mid-May. They agreed to halt some of them for 90 days and continue negotiations.
China's overall exports grew 5.8 percent last month, due to increased shipments to Southeast Asia and Europe. Imports rose 1.1 percent.
Many Chinese firms send components to Southeast Asia for assembly and ship the finished products to the US from those countries.
The practice could be affected by additional US tariffs on major economies in the region that are due to take effect on August 1.
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Summary
China's exports to the US decreased in June compared to last year but recovered from May, possibly due to exporters rushing shipments before a mid-August deadline. The value of US imports from China also dropped but less than in May, likely benefiting from the tariff deal between the two
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ID: a202a033-0609-4dcf-b930-76b73d4c4ecc
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20250714_B4/
Created: 2025/07/14 19:00
Updated: 2025/12/08 03:22
Last Read: 2025/07/14 19:08