trade deficit with China. The trade deficit is the difference between how much the US imports from other countries and how much it exports. Reducing the gap is a key part of Mr Trump's trade ...
China is no longer the main source for U.S. imports. Mexico took its place last year.That seismic shift started in 2018 after ...
This year, the share of China's soybean imports from the U.S. has dropped to 18%, from 40% in 2016, while Brazil’s share has grown to 76% from 46%, according to Chinese customs data.
Trump’s tariffs could speed up China’s shift to new markets and offshore factories Share Copyright 2024 The Associated Press.