He criticized China's economic expansion initiatives during a speech in Grand Rapids, Michigan, on Thursday.
It is the country's sharpest drop in exports since 2009.
The U.S. is preparing to enforce a ban on exports to ZTE for flouting Iran sanctions.
Economic sanctions against North Korea have done little to change it.
Newsweek Europe digital editor Serena Kutchinksy takes us inside this week's issue.
The deal is reportedly worth £23.5 million a year after tax.
China's central bank has been selling off foreign currency reserves to keep the RMB stable.
The Brazilian joins compatriot Ramires at Jiangsu Suning for $55 million.
The approval is a win for Beijing's campaign for recognition as a global economic power.
China has slowing growth, ghost cities, a stock-market crash, corruption and faulty official stats.
The Nasdaq composite and S&P 500 both dropped more than 2 percent.
The Chinese president put on a good show with governors and tech execs in Seattle, but what did it all amount to?
No 'House of Cards': In Seattle Speech, Xi Jinping Seeks to Reassure on Cyber Attacks, Human Rights, Corruption
In his keynote address, the Chinese president touched on a litany of issues that have strained U.S.-China ties.
The last time energy was this cheap, Eisenhower was president.
China's manufacturing sector shrank at its fastest pace in three years.
A decade ago, China's currency was very lightly traded abroad. Now it is one of the five most heavily traded in the world.