Chinese exports soared in March ahead of Trump's 'Liberation Day'

Beijing and Washington have been locked in a fast-moving, high-stakes game of brinkmanship since Trump launched a global tariff assault that has particularly targeted Chinese imports. Tit-for-tat exchanges have seen US levies imposed on China rise to 145 percent, and Beijing setting a retaliatory 125 percent toll on US imports. Figures released by Beijing's General Administration of Customs on Monday showed a 12.4 percent jump in overseas shipments, more than double the 4.6 percent predicted in a Bloomberg survey.