China has strengthened trade with Latin America at the expense of the U.S. But Donald Trump, who threatens to raise tariffs on Mexico, could upend those ties.

China's exports reached record levels in 2024 as it braces for new tariffs President-elect Donald Trump said he'll impose after he takes office next week. According to Chinese government figures released Monday,

China's trade surplus grew to $104.84 billion in December, as exports rose faster than expected, according to official customs data released on Monday. Chinese factories rushed to complete orders ahead of higher tariffs threatened by President-elect Donald Trump.

China’s trade surplus soared to a record last year, driven by strong exports that boosted the economy but may soon be threatened by the incoming Trump administration.

China’s trade surplus with all nations reached a new record of nearly $1 trillion in 2024, according to multiple reports.

US-listed Chinese stocks jumped premarket Tuesday after Bloomberg reported that the Trump team is considering a gradual approach to tariff hikes. Online retailers JD.com and Pinduoduo spiked as much as 4% and 3%,