China Set for $1.2T Trade Surplus Despite US Tariffs, Jimmy Kimmel to Return

President Xi Jinping’s export engine has proved unstoppable during five months of sky-high US tariffs, sending China toward a record $1.2 trillion trade surplus. With access to the US curtailed, Chinese manufacturers have shown they aren't backing down: Indian purchases hit an all-time high in August and sales to Southeast Asia have exceeded their pandemic-era peak.