The US trade deficit with China - at the lowest level since 2010

Coronavirus

The U.S. trade deficit with China narrowed last year to its lowest level since 2010, as imports from the Asian country fell by more than $100 billion compared to the previous year, according to Statista. In fact, US imports from the world's largest exporter were even lower last year than in 2020, when they fell to $432 billion amid an ongoing trade war between the two countries and the disruptions caused by the Covid-19 pandemic. According to the US Census Bureau, the deficit with China has

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