The pace of Chinese export growth slowed sharply in August, Beijing's customs agency said, as U.S. President Donald Trump 's tariffs squeezed outgoing trade.

Chinese goods exports reached $321.8 billion in August, a 4.4 percent increase compared to the same month last year. That was down from a 7.2 percent jump in July. Meanwhile, imports totaled $219.5 billion, a 1.8 percent rise.

Trump blew open a trade war with China shortly after retaking office, accusing it of abusive practices that hurt American businesses, an economic conflict that took a big toll on markets and threatened to plunge the U.S. into a recession.

After exchanging sky-high tariffs and other tit-for-tat countermeasures, the two sides entered trade talks as tensions cooled, soothing markets. But negotiations are ongoi

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