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Despite Trump’s Tariffs, China’s Trade Surplus Climbs Past $1 Trillion for First Time

President Trump’s tariffs weren’t enough to hold back the global export flood by China, which pushed past last year’s record in just 11 months.

© Chang W. Lee/The New York Times

A Geely manufacturing plant in Hangzhou, China. Carmakers and other exporters in traditional manufacturing powerhouses like Germany, Japan and South Korea are losing customers to Chinese rivals.
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