China’s exports surged last month in a sign of a rush to dispatch shipments before Donald Trump’s “liberation day” tariffs triggered a full-blown trade war between the world’s two largest economies. Exports rose 12.

China's exports jumped 12.4% in March from a year earlier as companies rushed to beat increases in U.S. tariffs imposed by U.S. President Donald Trump, the government said Monday. Imports fell 4.3%, the customs administration reported.

President Donald Trump has eased new tariffs on most trading partners, but experts say his searing new 145% tariff rate on China could draw a very harsh response from Beijing that would hurt homebuyers in the U.