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China's Trade Surplus Soars 20%, WTO Reform Urged

1/31/2026

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Summary

Story summary

In 2025, China’s trade surplus rose 20% to $1.2 trillion, as exports to ASEAN and the European Union grew despite U.S. tariffs, widening imbalances and prompting World Trade Organization (WTO) reform.
Switzerland posted a 2025 trade surplus of CHF41.1 billion with the United States, as exports rose 3.9% and imports fell 5.7% amid tariff disputes.
Negotiations are underway to reduce U.S. tariffs on Swiss goods from 39% to 15%.

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Story summary

In 2025, China’s trade surplus rose 20% to $1.2 trillion, as exports to ASEAN and the European Union grew despite U.S. tariffs, widening imbalances and prompting World Trade Organization (WTO) reform.
Switzerland posted a 2025 trade surplus of CHF41.1 billion with the United States, as exports rose 3.9% and imports fell 5.7% amid tariff disputes.
Negotiations are underway to reduce U.S. tariffs on Swiss goods from 39% to 15%.