Advertisement
United States  

“News neutrality by unbiased coverage”
One News Page
> >

China trade surplus with US widened to record high of $28.97 billion in June

FXstreet.com Friday, 13 July 2018 ()
The de-escalation of US-China trade dispute looks like a distant dream, given the China's trade surplus with the US hit a record high of $28.97 billion in June. 

Chinese exporters reportedly front-loaded shipments to the US ahead of the July 6 tariff deadline and that could have boosted the surplus to record highs. Still, the record deficit with China could irk Trump administration, which is already considering imposing tariffs on an additional $200 billion worth of Chinese imports. 
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 
Source: Wochit - < > Embed
News video: China's Trade Surplus With The U.S. Hits Record Level

▶ China's Trade Surplus With The U.S. Hits Record Level 00:46

BEIJING (Reuters) - China’s trade surplus with the United States swelled to a record in June as its exports accelerated broadly, a result that could further inflame a bitter trade dispute with Washington. The data came after the administration of U.S. President Donald Trump raised the stakes in its...

Recent related news

China's Trade Surplus With U.S. Hits Record as Fight Intensifies

China’s trade surplus with the U.S. surged to a record monthly high in June, with exports swelling just as trade tensions between the world’s two largest...
Wall Street Journal - WorldAlso reported by •FXstreet.comSeattlePI.comSeattle TimesNewsmax

When is the China Trade Balance, and how could it affect the AUD/USD?

*China Trade Balance overview* China's latest Trade Balance figures are due Friday, expected sometime after 02:00 GMT, and traders will be taking extra notice...
FXstreet.com - MarketsAlso reported by •Profit Confidential

Forex Today: GBP hit by Trump, Aussie ignores China trade, a light session ahead

Forex today saw limited action in Asia, with most majors sticking to tight trading ranges, despite upbeat Chinese trade figures. Meanwhile, the US dollar...
FXstreet.com - MarketsAlso reported by •Profit Confidential

US budget deficit totals $74.9 billion in June

WASHINGTON (AP) — The federal government recorded a $74.9 billion deficit in June, a month when the government often runs a surplus, as corporate taxes dropped...
SeattlePI.com - BusinessAlso reported by •Seattle Times

You Might Like


Tweets about this

AashishMisra

Ashish Mishra RT @Chellaney: CHINA MAKES HAY: China’s trade surplus with India spirals to $63 billion yearly, while China's total FDI in India ($1.74 bil… 20 minutes ago

Michael_Khouw

Michael C. Khouw WORLD Trump's Trade War May Spark a Chinese Debt Crisis Bloomberg - 5h ago There's no chance China will cut its tr… https://t.co/OP29urIe1M 36 minutes ago

akshaychandorka

Akshay Chandorkar RT @avarakai: #PRCMyths India flagged concerns over large deficit with China, specifically visa restrictions for Indian professionals & ch… 56 minutes ago

yarres16

yarres RT @1984to1776: China is America's primary adversary, Russia is not. Russia's economy is as large as that of Canton Province of China. Russ… 1 hour ago

dankerohe

Anderson Röhe RT @S_Rabinovitch: Well, that's a bit awkward. China's trade surplus with the US has exploded since Trump took office: now at a record $294… 3 hours ago

1984to1776

Augustus Manchurius China is America's primary adversary, Russia is not. Russia's economy is as large as that of Canton Province of Chi… https://t.co/443sHUgdB0 3 hours ago


Other recent news in Markets

Digital Currency Group CEO Says BITCOIN Has “Hit The Bottom for The Year”PREMIER FOODS boss faces showdown with investors as he insists the company is 'delivering results'
GAUCHO steak restaurant on the brink of collapsing into the hands of administratorsStrong Investment Banking and Trading Results Propel MORGAN STANLEY Higher

Recent related videos

Is The US-China Trade War Xi Jinping's Fault? [Video]Is The US-China Trade War Xi Jinping's Fault?

Business Insider reports that Larry Kudlow, President Donald Trump's top economic adviser, placed blame Wednesday for recent trade tensions between the US and China directly at the feet of Chinese..

Wochit Business -

No Clear Plan From Administration on End Game, Says Rep. DelBene [Video]No Clear Plan From Administration on End Game, Says Rep. DelBene

Jul.18 -- Rep. Suzan DelBene, a Washington Democrat, vice chair of the New Democratic Coalition and member of the House Ways & Means Committee, discusses global trade tensions, the impact of tariffs..

Bloomberg Politics -

Tariffs Are a Big Giant Negotiating Tactic, Says Whittier Trust's CIO [Video]Tariffs Are a Big Giant Negotiating Tactic, Says Whittier Trust's CIO

Jul.18 -- Sandip Bhagat, chief investment officer at Whittier Trust, discusses global trade tensions and their impact on markets. He speaks on "Bloomberg Daybreak: Asia."

Bloomberg Global Business -

Australia's $25B Fund Says Ignore Trade War, Load Up on Tech Stocks [Video]Australia's $25B Fund Says Ignore Trade War, Load Up on Tech Stocks

Jul.18 -- Sam Sicilia, chief investment officer at Host-Plus Pty, Australia’s top-performing pension fund which manages A$34 billion ($25 billion) of retirement savings, talks about his investment..

Bloomberg Global Business -

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2018 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+