Shipments to the U.S. sank 21% in dollar terms as Trump’s tariffs on most Chinese exports rose to as high as 145%. With Chinese tariffs on U.S. goods at 125%, business between the two biggest economies has grown increasingly uncertain.

Shipments of goods out of China slumped in April, including a big decline in exports to the United States, as President Trump imposed sky-high tariffs.

China's exports rose 8.1% in April from the year before, much more than economists were expecting, in the tail end of a rush by companies and consumers to beat higher U.S. tariffs that took effect last month.