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China marks record trade surplus in face of US tariffs

Back to tariffs and the headline story around this morning is China marking a record trillion-dollar trade surplus despite Trump tariffs.

Beijing recorded a strong export run in 2025, even as its producers are bracing for three more years of Washington attempting to slow the manufacturing powerhouse by shifting US orders to other markets.

Beijing’s resilience to renewed tariff tensions has emboldened Chinese firms to shift their focus to south-east Asia, Africa and Latin America to offset US duties.

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