Tue. Sep 29th, 2020

China’s exports fall again as trade deal hopes grow

Rolling coverage of the latest economic and financial news

  • Introduction: White House split over tariffs?
  • Chinese exports fell 0.9% in October
  • Analysts: It could have been worse

7.39am GMT

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.

Related: US-China trade war: hopes of deal rise after partial easing of tariffs

The Chinese Communist Party is trying to “re-trade” the agreement, said Stephen Bannon, former White House adviser. He added that rolling back earlier tariffs “goes against the grain” of the original October agreement.

“There’s nothing that Trump hates more” than someone backtracking on a deal, he said.

China’s exports declined by 0.9 per cent in October, while imports continued their historically bad slump with a 6.4 per cent decline, reports @fbermingham #China #china #Trade #TradeDeal #TradeWars #tradewar #exports #imports https://t.co/5z59grlmQ9 pic.twitter.com/ilbSSXYTQp

Continue reading…Rolling coverage of the latest economic and financial newsIntroduction: White House split over tariffs?Chinese exports fell 0.9% in OctoberAnalysts: It could have been worse 7.39am GMTGood morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. Related: US-China trade war: hopes of deal rise after partial easing of tariffs The Chinese Communist Party is trying to “re-trade” the agreement, said Stephen Bannon, former White House adviser. He added that rolling back earlier tariffs “goes against the grain” of the original October agreement.“There’s nothing that Trump hates more” than someone backtracking on a deal, he said.China’s exports declined by 0.9 per cent in October, while imports continued their historically bad slump with a 6.4 per cent decline, reports @fbermingham #China #china #Trade #TradeDeal #TradeWars #tradewar #exports #imports https://t.co/5z59grlmQ9 pic.twitter.com/ilbSSXYTQp Continue reading…

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