China’s May exports slow, deflation deepens as tariffs bite

News Snapshot:

Beijing | China’s export growth slowed to a three-month low in May as US tariffs slammed shipments, and factory-gate deflation deepened to its worst level in two years, heaping pressure on the world’s second-largest economy on the domestic and external fronts. US President Donald Trump’s global trade war and the swings in Sino-US trade ties have in the past two months sent Chinese exporters, along with their business partners across the Pacific, on a roller-coaster ride and hobbled world growth. Loading... Reuters