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2017-06-05 14:40:00

U.S. - CHINA TRADE DEFICIT: +13.8%

U.S. - CHINA TRADE DEFICIT: +13.8%

COMMERCE.GOV - The trade deficit in goods with China ballooned by 13.8 percent year-over-year while the overall trade deficit increased by 5 percent since March as imports increased slightly and exports declined following the release of the April 2017 International Trade in Goods and Services monthly data by the Department of Commerce.

"While the overall trade deficit continues to grow, it is too soon for the numbers to reflect the recent deal with China and other actions of this Administration is taking to level the balance of trade," said Secretary…

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Tags: USA, CHINA, ECONOMY, TRADE
Chronicle:
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