The goods trade deficit with China hit an all time high last year
Trade imbalance rose to $621bn in 2018 despite new tariffsDeficit jumped 19% in December aloneThe US trade deficit has hit a 10-year high, it was revealed on Wednesday in a government announcement, as Donald Trump’s trade wars appeared to be backfiring.
The US trade gap with China has hit a record level, in a blow to president Trump’s America First policies Latest: US trade gap hits $621bnTrade gap with China at record, despite tariffsExpert: Protectionism isn’t the answerEarlier:OECD cuts global growth forecastsNo-deal Brexit likely to cause recessionAustralia’s economy only grew 0.2% in last quarter 2.11pm GMT
The US trade deficit in goods and services hit $621 billion in 2018, an increase of $69 billion from the year before.
WASHINGTON (AP) - President Donald Trump says the United States is in "a very good position" as it negotiates with China on a new trade agreement. Trump also says the Chinese see a chance he could walk away from the talks if they don't go his way, an obvious reference
WASHINGTON (AP) — President Donald Trump says the United States is in “a very good position” as it negotiates with China on a new trade agreement. Trump also says the Chinese see a chance he could
Trade wars aren't good or easy to win
U.S. government debt prices rose Wednesday as traders monitored U.S.-China trade developments.
If China is locked out of US deals, Beijing could start taking measures to make sure its tech ecosystem is the world’s most fertile innovation center.