China's exports jumped 12.4% in March from a year earlier as companies rushed to beat increases in U.S. tariffs imposed by U.S. President Donald Trump, the government said Monday. Imports fell 4.3% to $211.

Optimistic Chinese observers even held out hope for a grand bargain with Trump over trade, TikTok – and perhaps even Taiwan. This account of how China shifted from seeking a deal to punching back with retaliatory tariffs and threatening all-out defiance is based on interviews with more than a dozen people,

President Donald Trump’s latest tariff exemptions on consumer electronics and semiconductors could reduce the negative impact on China’s economy by 0.4 percentage points, if it were to last, according to Citigroup Inc.

Trump announced a 90-day pause on a host of global tariffs he had planned, but increased levies on Chinese imports to 145%. "We urge the US to take a big step to correct its mistakes, completely cancel the wrong practice of 'reciprocal tariffs' and return to the right path of mutual respect,

China on Sunday called on the United States to "completely cancel" its reciprocal tariffs after Washington announced exemptions for consumer electronics and key chipmaking equipment.

The 145% tariff from the U.S. and the retaliatory 125% tariff from China are putting businesses doing trade between the U.S. and China on edge

Key Chinese trade hubs are beginning to show early signs of disruption as the US-China tariff war intensifies, according to news reports. Major export provinces and shipping ports, including Shanghai and Guangdong,