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China's trade surplus surges 20% to a record $1.2 trillion, even with Trump's tariffs

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China's trade surplus surges 20% to a record $1.2 trillion, even with Trump's tariffs HONG KONG — China's trade surplus surged to a record of almost $1.2 trillion in 2025, the government said Wednesday, as exports to other countries made up for slowing shipments to the U.S. under President Donald…

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