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Chinese Smartphone Exports To US Crashed In April
by Tyler Durden
Tuesday, May 20, 2025 - 06:45 AMNew customs data from China shows that smartphone shipments to the U.S. collapsed 72% in April to below $700 million—the lowest level since 2011. The plunge coincided with the peak of the U.S.-China trade war, as the Trump administration imposed up to 145% tariffs on Chinese goods, disrupting tech supply chains. However, those levies have since been significantly scaled back to 30% as of May.Using data from China's General Administration of Customs,
Bloomberg reported that the 72% plunge in smartphone shipments to the U.S. far outpaced the 21% decline in overall exports to the U.S.
https://www.zerohedge.com/technology/ch ... shed-april
Chinese Smartphone Exports To US Crashed In Aprilby Tyler Durden
Tuesday, May 20, 2025 - 06:45 AMNew customs data from China shows that smartphone shipments to the U.S. collapsed 72% in April to below $700 million—the lowest level since 2011. The plunge coincided with the peak of the U.S.-China trade war, as the Trump administration imposed up to 145% tariffs on Chinese goods, disrupting tech supply chains. However, those levies have since been significantly scaled back to 30% as of May.Using data from China's General Administration of Customs,
Bloomberg reported that the 72% plunge in smartphone shipments to the U.S. far outpaced the 21% decline in overall exports to the U.S.
https://www.zerohedge.com/technology/ch ... shed-april