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Despite trade tariffs, China's trade surplus with Washington is at a record high

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rocky
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Despite trade tariffs, China's trade surplus with Washington is at a record high

Post by rocky on Fri 13 Jul 2018, 2:42 am

Despite trade tariffs, China's trade surplus with Washington is at a record high






2018/07/13 10:38


(Encyclopedia of this Day News | Iraq News ) - Direct: China has achieved a record surplus in the trade balance has with theUnited States last month, despite the tariffs applied by Washington on many of its imports from Beijing.

China's trade surplus with the United States rose to 28.97 billion dollars in June from 24.58 billion dollars in May.

On the first half of this year, China's trade surplus with the United States was $ 133.76 billion, compared to $ 117.51 ​​billion in the first half of 2017.

China's exports to the United States rose by 5.7% in June last year, while imports rose 4%.

China faces customs tariffs on many of its exports to the United States, the last of which was announced last week on US imports from Beijing worth 34 billion dollars.

The United States also announced this week its intention to start studying products worth 200 billion dollars imported from China in preparation for additional tariffs.

China's total trade surplus surplus last month was 26% year-on-year to 901.3 billion yuan ($ 135.4 billion).

China's exports in June rose 11.3 percent year-on-year, exceeding expectations by 10 percent, but below May's levels when they rose 12.6 percent.

China's imports rose 14.1 percent in June from 20.8 percent in May, up from 20.8 percent in May.

By 6:55 am GMT, the yuan was steady against the dollar at 6.6709 yuan.



Note: The content, titled "China's Trade Balance Surplus with Washington," reaches a record level, was published first on Mubasher, and the encyclopedia of this news day is not guaranteed in any way. 
You can see the details of this title (despite the definitions, China's trade surplus with Washington reaches a record level) through its original source (ie, direct).



https://hathalyoum.net/articles/1602733-%D8%B1%D8%BA%D9%85-%D8%A7%D9%84%D8%AA%D8%B9%D8%B1%D9%8A%D9%81%D8%A7%D8%AA%D9%81%D8%A7%D8%A6%D8%B6-%D8%A7%D9%84%D9%85%D9%8A%D8%B2%D8%A7%D9%86-%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D9%8A-%D9%84%D9%84%D8%B5%D9%8A%D9%86-%D9%85%D8%B9-%D9%88%D8%A7%D8%B4%D9%86%D8%B7%D9%86-

    Current date/time is Tue 17 Jul 2018, 10:50 am