BEIJING (Reuters) - China's trade surplus with the United States rose 12% in yuan-terms in the first half of this year, the customs agency said on Friday.
Exports to the U.S. fell 2.6% in yuan terms in the first six months this year from same period a year earlier, while imports shrank 25.7%, customs spokesman Li Kuiwen told reporters in a quarterly briefing.
U.S.-China trade frictions brought some pressure on China's trade, but the impact is manageable, Li said.
June marked the first full month of higher U.S. tariffs on $200 billion of Chinese goods, which Washington announced weeks earlier after trade talks between the world's largest economies broke down.
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Though both sides agreed in late June to resume negotiations, and Washington said it would hold off on additional levies, existing tariffs remain in place.