US President Donald Trump has vowed on the campaign trail to eradicate a yawning trade deficit with China that he claimed showed the inequities in the global trading system. Photo: Bloomberg US President Donald Trump has vowed on the campaign trail to eradicate a yawning trade deficit with China that he claimed showed the inequities in the global trading system. Photo: Bloomberg
US President Donald Trump has vowed on the campaign trail to eradicate a yawning trade deficit with China that he claimed showed the inequities in the global trading system. Photo: Bloomberg

US trade deficit with China wider than May 2016, when Donald Trump accused China of ‘greatest theft in history’

  • The US trade deficit with China was 9.15 per cent wider in July 2020 than May 2016, when President Donald Trump accused China of ‘raping’ the US on trade
  • After narrowing in the early months of the year due to coronavirus shutdowns, the deficit has recovered in recent months

Topic |   US-China trade war
US President Donald Trump has vowed on the campaign trail to eradicate a yawning trade deficit with China that he claimed showed the inequities in the global trading system. Photo: Bloomberg US President Donald Trump has vowed on the campaign trail to eradicate a yawning trade deficit with China that he claimed showed the inequities in the global trading system. Photo: Bloomberg
US President Donald Trump has vowed on the campaign trail to eradicate a yawning trade deficit with China that he claimed showed the inequities in the global trading system. Photo: Bloomberg
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