China Exports To US Tumble As Transshipments To Evade Trump Tariffs Soar Overnight China published its latest inflation/trade data dump. It showed that, as expected, China is still unable to kickstart its economy as it remains mired in deflation, with May CPI printing -0.1% (the last time CPI was positive was in January) while PPI is going from bad to worse, printing -3.3% YoY, and negative since February 2023! Meanwhile, China’s trade growth moderated in May – after the April surge – despite the substantial tariff rollback between the US and China, and came in below consensus expectations (exports: +4.8%… — Continue at ZeroHedge News : Read More
