Friday , September 18 2020
Home / South China Morning Post / US trade deficit with China wider than May 2016, when Donald Trump accused China of ‘greatest theft in history’

US trade deficit with China wider than May 2016, when Donald Trump accused China of ‘greatest theft in history’

Summary:
[unable to retrieve full-text content]The United States’ trade deficit with China has crept back up close to pre-coronavirus levels after narrowing when the outbreak battered the Chinese economy.The deficit with China – the gap between the amount the US buys from China and what it sells – was US.62 billion in July, just 3.46 per cent lower than US.8 billion in July 2019, data released by the US Census Bureau on Thursday showed.But the rate at which it has grown in recent months will rattle US President Donald Trump, who vowed…

Topics:
Finbarr Bermingham considers the following as important:

This could be interesting, too:

Tyler Durden writes How Much Money Do Communications Majors Make?

Tyler Durden writes Soybean Futures Hit 27-Month High On Increased Chinese Demand 

Tyler Durden writes Biden’s Gun Control Claims At Odds With Crime Stats

Tyler Durden writes World Bank Warns Recovery Could Take “Five Years”

[unable to retrieve full-text content]
The United States’ trade deficit with China has crept back up close to pre-coronavirus levels after narrowing when the outbreak battered the Chinese economy.The deficit with China – the gap between the amount the US buys from China and what it sells – was US$31.62 billion in July, just 3.46 per cent lower than US$32.8 billion in July 2019, data released by the US Census Bureau on Thursday showed.But the rate at which it has grown in recent months will rattle US President Donald Trump, who vowed…

Leave a Reply

Your email address will not be published. Required fields are marked *