China’s economy showed its first big signs of damage from the trade war, as steep U.S. tariffs pummeled export orders and production at the country’s factories. A gauge of new export orders fell in April to its lowest reading since Covid-19 was ravaging the country in 2022,

All American exports to China worth $140.7 billion last year now face a retaliatory Chinese tariff of at least 125%, putting at risk hundreds of thousands of American jobs that support the exports, the US-China Business Council said on Tuesday.

South Korea's exports are expected to have fallen in April, as U.S. President Donald Trump's sweeping tariffs, including those on autos and steel, started to weigh, a Reuters poll found on Tuesday.

But the new tariffs have certainly not brought it to a standstill. That is partly because plenty of Chinese exports go elsewhere. America is the country China trades the most with, but it still only accounted for about 15% of its exports last year,

A sharp pullback in China's export orders shows President Trump’s eye-watering tariffs are starting to squeeze the engine room of China’s economy, piling pressure on Beijing to boost its stimulus efforts.