China’s Trade Surplus Reached a Record High in 2025, Led by Asia and Europe
China’s surplus accumulation since 2018 has re-anchored toward Asia and Europe, while the North American balance has weakened.
China’s surplus accumulation since 2018 has re-anchored toward Asia and Europe, while the North American balance has weakened.
The new tariffs will hit these top 50 traded products hardest, and both countries must rapidly develop contingency trade plans.