China's Exports Surge 12.4% in March Amid Trade Tensions

China's exports surged 12.4% year-on-year in March, significantly surpassing expectations and reflecting a rush to ship goods before new U.S. tariffs took effect. This increase was driven by front-loading as U.S. tariffs on Chinese imports reached as high as 145%, prompting retaliatory measures from Beijing. Despite the strong export performance, imports fell 4.3%, leading to a trade surplus of $102.6 billion for the month. Analysts warn that this boost may not last, as the escalating trade war presents significant headwinds for China's economy, which is already grappling with sluggish domestic demand and a property sector crisis. The U.S. remains the largest market for Chinese exports, although the trade dynamics could shift with ongoing tariff tensions. Economists predict that exports are likely to weaken in the coming months as the full impact of the tariffs is felt.