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China's June trade softens amid stalemate over tariff talks with Washington

Exports fell 1.3% from a year earlier, while imports slumped 7.3%, a sharper-than-expected drop

China's trade surplus increased to US$50.98 billion in June, compared with US$41.66 billion in May.


CHINA'S exports declined and imports continued to contract in June, after another round of tariffs was implemented by the US in May, impacting global growth and domestic demand.

China's export growth turned negative in June, falling from 1.1...