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US imports from China down $53 billion

Christian Fernsby ▼ | November 7, 2019
US imports from China plunged $53 billion to around $342 billion. In September, the US imported just over $40 billion of goods, down from nearly $48 billion in the year-ago period.
U.S. manufacturing
America   Exports to China were down to around $78.7 billion
Exports to China were down to around $78.7 billion in comparison with $93.3 billion last year.The trade deficit with China fell to $263 billion from nearly $302 billion in the first nine months of 2018.

Topics: China

A new report from the United Nations said the ongoing trade war was harming both economies.

"A lose-lose trade war is not only harming the main contenders, it also compromises the stability of the global economy and future growth," head of UNCTAD's (the UN Conference on Trade and Development) international trade and commodities division Pamela Coke Hamilton said in a statement.


 

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