Economics
China's Trade Surplus With U.S. in August Reaches Record
- Result comes as Trump ratchets up tensions with latest threat
- China’s total exports expand at slowest pace since March
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China’s trade surplus with the U.S. rose to a record in August, as President Donald Trump ramps up pressure on Beijing.
The nation’s trade gap with the U.S. widened to $31.1 billion during the month, according to Bloomberg calculations. The increase came despite exports climbing at the slowest pace since March. Shipments rose 9.8 percent in dollar terms, the customs administration said Saturday. Imports climbed 20 percent.