Lynn Song

Money Moves

Active

China posted a $1.2 trillion trade surplus for 2025—the largest any country has ever recorded. The number is roughly equivalent to the GDP of Indonesia, the world's 16th-largest economy. It comes after seven years of U.S. tariffs designed to shrink that very surplus, and eight days after Canada struck a deal with Beijing that slashed Chinese EV tariffs from 100% to 6.1%, marking a dramatic shift in Western trade policy toward China that prompted Trump to threaten 100% retaliatory tariffs on Canadian goods.

Updated Jan 30