ing an all-time high. The surge comes despite a 5.9% increase in China’s overall exports in November compared to the same month last year. Exports to the United States, however, plunged by nearly 29% over the same period. Imports into China rose only slightly last month, reflecting a muted domestic demand. President Trump’s tariffs were aimed at discouraging U.S. imports from China. At one point in the spring, import taxes reached 145% , effectively bringing trade between the two countries to a near standstill. Since then, tariffs have been partially reduced to 47.5% , but they continue to exert a significant drag on bilateral trade. Despite these challenges, China’s ability to maintain overall export growth highlights its diversified global trade network and resilience amid escalating U.S.-China tensions.