logo
China's exports rose a higher than expected 8% in April as new U.S. tariffs took effect

China's exports rose a higher than expected 8% in April as new U.S. tariffs took effect

Asahi Shimbun09-05-2025

A cargo train moves past new cars waiting for shipment in a port, in Yantai in east China's Shandong province, May 7, 2025. (Chinatopix via AP)
BEIJING--China's exports rose 8.1% in April from the year before, much more than economists were expecting, in the tail end of a rush by companies and consumers to beat higher U.S. tariffs that took effect last month.
Most forecasts were that exports in April would grow about 2%, down from a whopping 12.4% year-on-year increase in March.
Imports fell 0.2% in April from the year before.
China's politically sensitive trade surplus with the United States was nearly $20.5 billion in April.
Exports to the United States form just a part of China's total exports, and trade with the rest of the world has remained resilient. Preliminary data also show that U.S. imports from other countries not subject to U.S. President Donald Trump's 145% tariff on Chinese products are rising quickly.
China's exports to other countries and regions rose at a robust pace in the first four months of the year. Exports to Southeast Asian countries were up 11.5% from a year earlier. Exports to Latin America also climbed 11.5%. Shipments to India jumped nearly 16% by value, and exports to Africa surged 15%.
In the first four months of the year, exports to the United States were down 2.5% from a year earlier, while imports from the U.S. fell 4.7%.
But figures for the beginning of 2025 show the tariffs and other measures related to Trump's trade war are having an impact. Measured on a monthly basis, in April China's total exports rose just 0.6% from March, while imports increased by nearly 4%.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Top U.S. universities raced to become global campuses. Under Trump, it's becoming a liability
Top U.S. universities raced to become global campuses. Under Trump, it's becoming a liability

Japan Today

timean hour ago

  • Japan Today

Top U.S. universities raced to become global campuses. Under Trump, it's becoming a liability

By COLLIN BINKLEY Three decades ago, foreign students at Harvard University accounted for just 11% of the total student body. Today, they account for 26%. Like other prestigious U.S. universities, Harvard for years has been cashing in on its global cache to recruit the world's best students. Now, the booming international enrollment has left colleges vulnerable to a new line of attack from President Donald Trump. The president has begun to use his control over the nation's borders as leverage in his fight to reshape American higher education. Trump's latest salvo against Harvard uses a broad federal law to bar foreign students from entering the country to attend the campus in Cambridge, Massachusetts. His order applies only to Harvard, but it poses a threat to other universities his administration has targeted as hotbeds of liberalism in need of reform. It's rattling campuses under federal scrutiny, including Columbia University, where foreign students make up 40% of the campus. As the Trump administration stepped up reviews of new student visas last week, a group of Columbia faculty and alumni raised concerns over Trump's gatekeeping powers. 'Columbia's exposure to this 'stroke of pen' risk is uniquely high,' the Stand Columbia Society wrote in a newsletter. People from other countries made up about 6% of all college students in the U.S. in 2023, but they accounted for 27% of the eight schools in the Ivy League, according to an Associated Press analysis of Education Department data. Columbia's 40% was the largest concentration, followed by Harvard and Cornell at about 25%. Brown University had the smallest share at 20%. Other highly selective private universities have seen similar trends, including at Northeastern University and New York University, which each saw foreign enrollment double between 2013 and 2023. Growth at public universities has been more muted. Even at the 50 most selective public schools, foreign students account for about 11% of the student body. America's universities have been widening their doors to foreign students for decades, but the numbers shot upward starting around 2008, as Chinese students came to U.S. universities in rising numbers. It was part of a 'gold rush' in higher education, said William Brustein, who orchestrated the international expansion of several universities. 'Whether you were private or you were public, you had to be out in front in terms of being able to claim you were the most global university," said Brustein, who led efforts at Ohio State University and West Virginia University. The race was driven in part by economics, he said. Foreign students typically aren't eligible for financial aid, and at some schools they pay two or three times the tuition rate charged to U.S. students. Colleges also were eyeing global rankings that gave schools a boost if they recruited larger numbers of foreign students and scholars, he said. But the expansion wasn't equal across all types of colleges — public universities often face pressure from state lawmakers to limit foreign enrollment and keep more seats open for state residents. Private universities don't face that pressure, and many aggressively recruited foreign students as their numbers of U.S. students stayed flat. The college-going rate among American students has changed little for decades, and some have been turned off on college by the rising costs and student debt loads. Proponents of international exchange say foreign students pour billions of dollars into the U.S. economy, and many go on to support the nation's tech industry and other fields in need of skilled workers. Most international students study the STEM fields of science, technology, engineering and math. In the Ivy League, most international growth has been at the graduate level, while undergraduate numbers have seen more modest increases. Foreign graduate students make up more than half the students at Harvard's government and design schools, along with five of Columbia's schools. The Ivy League has been able to outpace other schools in large part because of its reputation, Brustein said. He recalls trips to China and India, where he spoke with families that could recite where each Ivy League school sat in world rankings. 'That was the golden calf for these families. They really thought, 'If we could just get into these schools, the rest of our lives would be on easy street,'' he said. Last week, Trump said he thought Harvard should cap its foreign students to about 15%. 'We have people who want to go to Harvard and other schools, they can't get in because we have foreign students there,' Trump said at a news conference. The university called Trump's latest action banning entry into the country to attend Harvard 'yet another illegal retaliatory step taken by the Administration in violation of Harvard's First Amendment rights.' In a lawsuit challenging the Trump administration's previous attempt to block international students at Harvard, the university said its foreign student population was the result of 'a painstaking, decades-long project' to attract the most qualified international students. Losing access to student visas would immediately harm the school's mission and reputation, it said. 'In our interconnected global economy," the school said, 'a university that cannot welcome students from all corners of the world is at a competitive disadvantage.' © Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

The U.S. and China are holding trade talks in London after Trump's phone call with Xi
The U.S. and China are holding trade talks in London after Trump's phone call with Xi

Asahi Shimbun

time2 hours ago

  • Asahi Shimbun

The U.S. and China are holding trade talks in London after Trump's phone call with Xi

Stacked containers are seen at the Yangluo Port on the Yangtze River in Wuhan, central China's Hubei Province, May 23, 2025. (AP Photo) LONDON--High-level delegations from the United States and China met in London on Monday to try and shore up a fragile truce in a trade dispute that has roiled the global economy, A Chinese delegation led by Vice Premier He Lifeng held talks with U.S. Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer at Lancaster House, an ornate 200-year-old mansion near Buckingham Palace. Wang Wentao, China's commerce minister, also was part of Beijing's delegation. The talks, which may continue Tuesday, follow negotiations in Geneva last month that brought a temporary respite in the trade war. The two countries announced May 12 they had agreed to a 90-day suspension of most of the 100%-plus tariffs they had imposed on each other in an escalating trade war that had sparked fears of recession. The U.S. and China are the world's biggest and second-biggest economies. Chinese trade data shows that exports to the United States fell 35% in May from a year earlier. Since the Geneva talks, the U.S. and China have exchanged angry words over advanced semiconductors that power artificial intelligence, visas for Chinese students at American universities and 'rare earth' minerals that are vital to carmakers and other industries. President Donald Trump spoke at length with Chinese leader Xi Jinping by phone last Thursday in an attempt to put relations back on track. Trump announced on social media the following day that the trade talks would resume in London. Rare earths were expected to be a focus of the talks. The Chinese government started requiring producers to obtain a license to export seven rare earth elements in April. Resulting shortages sent automakers worldwide into a tizzy. As stockpiles ran down, some worried they would have to halt production. Beijing indicated Saturday that it is addressing the concerns, which have come from European companies as well as U.S. firms. Kevin Hassett, a U.S. economic adviser, told CNBC on Monday that he expected a short meeting with 'a big, strong handshake' on rare earths. The U.K. government says it is providing the venue and logistics but is not involved in the talks, though British Treasury chief Rachel Reeves met with both Bessent and He on Sunday, and U.K. Business Secretary Jonathan Reynolds was due to meet Wang. 'We are a nation that champions free trade and have always been clear that a trade war is in nobody's interests, so we welcome these talks,' the British government said in a statement.

US and China talk rare earths and chip controls in London
US and China talk rare earths and chip controls in London

Nikkei Asia

time3 hours ago

  • Nikkei Asia

US and China talk rare earths and chip controls in London

WASHINGTON/BEIJING -- Top officials from the U.S. and China met in London on Monday for a second round of trade talks, reportedly discussing Beijing's curbs on rare earths and Washington's semiconductor export restrictions. U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer participated in the meeting, along with Commerce Secretary Howard Lutnick, who was not at the first round of talks last month in Switzerland. The Chinese side was led by Vice Premier He Lifeng, who is in charge of economic policy.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store