China's Manufacturing Falls as U.S. Tariffs Take Effect

In a sign of the impact of U.S. President's Donald Trump's trade war, China's manufacturing activity contracted in April.

Transcript

00:00China's manufacturing activity has fallen as U.S. tariffs take effect.

00:05China's National Statistics Bureau says a key measure of industrial output came in at 49 in April,

00:11down from March's 50.5, and anything below 50 signifies contraction.

00:16This was a steeper decline than many analysts had expected.

00:19U.S. tariffs as high as 145 percent on Chinese products began in April,

00:24and Beijing has responded with 125 percent tariffs on U.S. imports.

00:30And this indicator that the US has been reported using

00:33if you haven't even made it a key measure of Article 1 in the US,

00:36and it's reduced the low-primed decline of the United Stateskke-N-150 in the U.S.

00:41to the US.

00:41So let's say a little bit more about the American пол�,

00:43which is our first product of the U.S.

00:45which is the first product of the U.S.

00:46which is the first product of the U.S.

00:49and this company will be processed by the U.S.

00:52and this company will be processed by the U.S.

00:54and this company will be processed at the U.S.

00:56and the U.S.