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United States President Donald Trump claimed that the US is collecting record amounts in tariffs, while prices on key items are falling. Trump also stated inflation is declining, calling it part of his record of keeping campaign promises.
"The United States is taking in RECORD NUMBERS in tariffs, with the cost of almost all products going down, including gasoline, groceries, and just about everything else. Likewise, INFLATION is down. Promises Made, Promises Kept!" he wrote on Truth Social.
China's trade surplus rose to $102.64 billion in March, down from $170.51 billion in February, beating expectations, the country's General Administration of Customs said in its report published on Monday.
Exports increased by 12.4% compared to the same month in the previous year. Meanwhile, imports dropped by 4.3% year-on-year.
