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China's export growth to US slows in June, H1

China's exports to the U.S., in yuan terms, slowed to a 3.8% annual rise in June, 23.8 percentage points lower than the growth rate seen a year earlier, data from the General Administration of Customs showed July 2.

Exports of agricultural products to the U.S. in June slipped 0.9% year over year, while exports of traditional labor-intensive products rose 3.5%, and mechanical and electrical products climbed 4.0%.

For the first half of 2018, exports to the U.S. increased 5.4% year over year, down from the 19.3% rise during the same period in 2017.

During the January to June 2018 period, mechanical and electrical product exports, which account for 62.6% of China's total exports to the U.S., rose 8% year over year.

Growth of labor-intensive goods exports, including clothing and furniture, was flat compared with the prior-year period. The export value of clothing and clothing accessories fell 1.8% year over year, while furniture and its components rose an annual 2.5%.

The customs agency did not provide exact values for exports in June and for exports during the January to June period.

China and the U.S.are set to impose tariffs against each other on July 6 amid a growing trade dispute.