On Wednesday, it was announced that the United States’ trade deficit for 2018 had widened to its highest point for a decade. Photo: Reuters
On Wednesday, it was announced that the United States’ trade deficit for 2018 had widened to its highest point for a decade. Photo: Reuters

US-China trade decline leads to 20.7 per cent plunge in China’s total exports in February

  • China imported 19.9 per cent less from the United States last month and exported 14.1 per cent fewer US goods, suggesting that the US-China trade war is biting
  • Front-loading to avoid anticipated tariff rises and Lunar New Year holiday possible factors as exports post largest percentage drop since February 2016

On Wednesday, it was announced that the United States’ trade deficit for 2018 had widened to its highest point for a decade. Photo: Reuters
On Wednesday, it was announced that the United States’ trade deficit for 2018 had widened to its highest point for a decade. Photo: Reuters
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