Trump's a fucking idiot, but only a fool would trust numbers that stick specifically to percentages sold. If you sell 800 items to Nepal for $800 and 200 to the U.S. for $800 your exports went up drastically percentage wise, but your profits plumitted. Not saying these items were sold to Nepal, just saying percentage of products shipped doesn't equate to balanced profit margins.

[–] Letstakealook@lemm.ee 5 points 2 months ago (2 children)

"Exports jumped 8.1% last month in U.S. dollar terms from a year earlier, according to data released by China’s customs authority on Friday, sharply beating Reuters’ poll estimates of a 1.9% rise."

[–] LifeInMultipleChoice@lemmy.dbzer0.com 1 points 2 months ago

That's good, I definitely missed that when I looked through the article.

[–] yetAnotherUser@discuss.tchncs.de 1 points 2 months ago (1 children)

The US dollar lost like >5% of its value though.

2024-04-30: 1 USD = 0.93 EUR = 0.91 CHF = 0.80 GBP

2025-04-30: 1 USD = 0.88 EUR = 0.83 CHF = 0.75 GBP

The 1.9% estimate of Reuters might be accurate if adjusted to the USD losing value.

[–] Letstakealook@lemm.ee 3 points 2 months ago

That's fine, I was just quoting the first sentence of the article as the individual seemed to think the article was discussing tonnage instead of sales.

[–] Chee_Koala@lemmy.world 9 points 2 months ago

If by 'offset' they mean 'circumvent' then yes, they did offset it.