China’s share of US imports fell to 7.1% in May, the lowest since 2001, according to trade data published on Thursday by the US Census Bureau. That’s a 4.3 percentage point lower than the same period last year and part of a longer-term decline that began during President Donald Trump’s first term in office.

Donald Trump's July 9 deadline draws near as countries scramble to avoid steep US duties. India, on the verge of a deal, resists US pressure on GM crop imports.