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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

Beijing

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 per cent year-on-year in May to -1.3 per cent in US dollar terms.

Meanwhile, the contraction in imports eased last month, from -8.5 per cent to - 7.3 per cent in US dollar terms on the back of a drop in commodity prices. This suggests domestic demand has...

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