June 9, 2025 05:50 AM GMT China Economics | Asia Pacific Exports Stabilized Sequentially Amid Tariff Truce Key Takeaways The impact of tariff détente: Separately, exports to Europe also improved quite meaningfully (up 9% cumulatively in the past three months), partly reflecting currency movement (RMB has depreciated by ~10% vs. EUR since end-January). Soft imports: Commodities remained a drag, with a quite persistent decline in both import volume and prices, reflecting weaker (outlook for) global and domest ...