China’s US trade surplus hit record in 2018 but tariffs bite

China’s trade surplus with the United States hit a record high last year but the country’s imports and exports fell in December as the long-running trade war begins to bite in the world’s number two economy, data showed Monday. The surplus with the US is a major source of anger within the Trump administration, which imposed tariffs on hundreds of billions of dollars worth of Chinese goods last year and has warned of more to come. The figures come after a US delegation held three days of talks in Beijing last week in the first face-to-face meeting since Donald Trump and Chinese leader Xi Jinping in December pledged a 90-day truce to resolve the crisis. Source: https://news.yahoo.com/chinas-global-trade-surplus-fell-2018-customs-025823699–finance.html Droolin’ Dog sniffed out this story and shared it with you. The Article Was Written/Published By: ! #Headlines, #BusinessNews, #China, #Economy, #Trending, #News, #Newsfeed http://bit.ly/2Cy1bzT
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