China Exporters Race Against Time Amid U.S. Tariffs, Export Surge Fuels Trade Surplus

In March, China’s exports soared by 12.4% year-on-year, driven by a race against increased U.S. tariffs. Businesses reacted swiftly to preempt higher import duties before escalating trade barriers took effect. This surge in export activity reflects a direct effort by Chinese companies to counteract the impact of U.S. tariff hikes ordered under President Trump. The initial tariffs on Chinese goods rose from 10% to 20%, and now stand at 145%. This strategy has led Chinese exporters to accelerate shipments, seeking to avoid additional import duties imposed by the U.S.