From Yahoo Finance: 2025-06-08 23:51:00

China’s export growth slowed to a three-month low in May due to U.S. tariffs, with factory-gate deflation at its worst in two years, impacting the economy. Exports to the U.S. dropped 34.5%, while total exports grew 4.8%, missing expectations. Imports fell 3.4%, worsening from April. Despite a trade truce, tensions between China and the U.S. remain high. China’s rare earths exports rose, but restrictions caused plant closures. China’s trade surplus increased to $103.22 billion. Monetary stimulus measures were rolled out to counter the trade war’s effects. Deflationary pressures worsened, dampening growth. Retail sales slowed, affecting car sales. Starbucks lowered prices in response to economic challenges.



Read more at Yahoo Finance: China’s May exports slow, deflation deepens as tariffs bite