U.S. imports of containerized goods from China tumbled 28.3% year-on-year in June, after higher tariffs on goods from the country's top ocean trade partner extended a steep drop that began in May, supply chain technology provider Descartes said on Tuesday.

China’s import of Iranian crude oil continued to rise last month as shipments were close to the record highs touched in March, Vortexa said. In June, China’s seaborne crude imports increased by 11% month-over-month and 6% year-over-year,

"The EU and China are broadly on a colliding trajectory in terms of their trade and industrial policy concerns," he told CNBC. Bones of contention include the challenge of China's overcapacity and trade diversion to Europe, Stec, who is also head of the Mercator Institute's Brussels office, explained.

The value of apparel imports from China to the U.S. fell in May to its lowest monthly level in 22 years, according to latest trade data, highlighting the impact of steep U.S. tariffs.

Sweltering temperatures are pushing up appetite for electricity in China — just not yet enough to revive the country’s spot purchases of costly liquefied natural gas.

China’s share of total U.S. containerized imports fell to 28.8% in June, hitting a four-year low and down substantially from the high of 41.5% in February 2022, according to supply chain technology firm Descartes.

"Exports will likely become a growth drag this year after being a growth driver last year," Nomura said in a note. China's June trade surplus is forecast at $109 billion, up from $103.22 billion in May.

China has been steadily reducing its soybean imports from the US, as the country seeks food security in light of market uncertainty surrounding US tariffs, says Italian shipbroker Banchero Costa. In January to May 2025, soybean shipments from the USA to China slumped 36.6% on year to 7.6m tonnes, according to AXS Marine’s vessel tracking data.

Japanese, Chinese top diplomats also agreed to accelerate efforts to bring agreement on cooperation in animal health, quarantine into effect - Anadolu Ajansı

MIT economist David Autor first documented the loss of millions of jobs to Chinese imports a decade ago. Now he sees an even more serious danger if the US loses the race for advanced manufacturing.