Posted Oct 13, 2019 eight:25 pm PDT
BEIJING — China’s commerce with the US fell by double digits once more in September amid a tariff battle that threatens to tip the worldwide financial system into recession.
Customs knowledge reported Monday present imports from the US fell 20.6% from a 12 months earlier. Exports to the U.S. market fell 17.eight%.
The 2 sides agreed Friday to postpone additional tariff hikes of their dispute over Beijing’s commerce surplus and expertise insurance policies. However they reported no agreements on the fundamental disputes that sparked their 15-month-old combat.
The Related Press