🇺🇸🇨🇳 CHINA'S EXPORT BOOM LEAVES IT VULNERABLE TO TRUMP TARIFFS

Chinese exports hit $3.6 trillion in 2024 with a record $992 billion trade surplus, making the economy more export-dependent than anytime since 2006. 

Trump's promised 60% tariffs could slash China's GDP by up to 2.5%.

Beijing's aggressive factory investments created an export surge in EVs, steel, and chemicals. 

But with weak domestic spending and falling prices crushing profits, Chinese companies are poorly positioned to weather Trump's trade war threats.

Source: AP