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Trump tariffs hit China hard, 40% drop in small parcel Chinese shipments to US
Chinese exporters are hit hard by US President Trump’s tariffs, with a 40% drop in low-value parcel exports to the US in May year-on-year. The reason behind the drop is that Trump’s administration plans to charge 54% tariffs on less expensive products
Trump tariffs hit Chinese exporters. Representational Image/AFP
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