China reports record trillion-dollar trade surplus despite Trump tariffs

Results for 2025 risk further unsettling economies about China’s trade practices and overcapacity, and their own over-reliance on Chinese productsChina has reported a strong export run in 2025 with a record trillion-dollar surplus, as its producers brace for three more years of a Trump administration set on slowing the manufacturing powerhouse by shifting US orders to other markets.Beijing’s resilience to renewed tariff tensions since Donald Trump returned to the US presidency last January has emboldened Chinese firms to shift their focus to south-east Asia, Africa and Latin America to offset US duties. Continue reading...