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China's 2018 trade surplus with US hits record high $323B

4 days ago   |   By

BEIJING - China's politically sensitive trade surplus with the United States surged to a record $323.3 billion in 2018 as a tariff battle with Washington intensified.
Chinese customs data released Monday showed December exports to the U.S. contracted 3.5 per cent compared with a year earlier, however, as President Donald Trump's punitive tariffs hit in a fight over Chinese technology ambitions.
Exports to the United States held up through 2018 despite Trump's tariff increases as exporters rushed to fill orders. But forecasters say American orders are set to decline sharply.
For the year...
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The Latest: China '18 trade surplus with US at record $323B

5 days ago   |   By

The Latest on China-U.S. trade and the tariffs battle between the two biggest economies : 11:55 a.m. China's politically sensitive trade surplus with the United States surged to...
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