China's exports rise 10.7% in December, surpassing forecasts

abcnews.go.com

China's exports rose 10.7% in December, surpassing expectations of 7%. This increase comes as factories worked to meet demand amid uncertainty over potential U.S. trade tariffs under President-elect Donald Trump. Imports also exceeded forecasts, growing 1% instead of the expected decline of 1.5%. This marks a notable shift in trade dynamics as China navigates potential tariff changes. Trump has indicated plans to impose 10% tariffs on Chinese goods, which could impact pricing and profit margins for exporters.


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