 
       
	Transaction Banking
Tariffs Backfire? Trade Truce Extended As China Surges, US Still Imports
				Fears about US tariffs hurting China’s economy were overblown. New customs data show that China posted a record $683.5 billion trade surplus this year, with July exports up 7.2% on a year-over-year basis, ahead of economists’ expectations.			
		
	 
     
     
     
     
     
     
     
     
     
    