BBG: China’s unexpected export drop shows why It wants a trade deal

BLOOMBERG reports: “The unexpected drop in China’s exports in November shows one reason why the nation wants to agree on a phase one trade deal – U.S. tariffs are hurting China’s exports at a time when global demand is already weak.
“Total exports in November dropped 1.1% from a year ago, and to the U.S. they were down 23%, the customs administration said Sunday. That was the worst result for exports …

The post BBG: China’s unexpected export drop shows why It wants a trade deal appeared first on The Loadstar.

Source: The Loadstar

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