this post was submitted on 09 May 2025
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China’s exports surge as shipments to Southeast Asian countries offset plunge in U.S. trade (www.cnbc.com)
submitted 1 week ago by StraponStratos@lemmy.sdf.org to c/world@quokk.au
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[–] yetAnotherUser@discuss.tchncs.de 1 points 1 week ago (1 children)

The US dollar lost like >5% of its value though.

2024-04-30: 1 USD = 0.93 EUR = 0.91 CHF = 0.80 GBP

2025-04-30: 1 USD = 0.88 EUR = 0.83 CHF = 0.75 GBP

The 1.9% estimate of Reuters might be accurate if adjusted to the USD losing value.

[–] Letstakealook@lemm.ee 3 points 1 week ago

That's fine, I was just quoting the first sentence of the article as the individual seemed to think the article was discussing tonnage instead of sales.