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08 September 201911.22 US-China trade fell sharply in August, while there are no glimpses of a solution to the crisis. The import of American goods decreased by 22% on an annual basis, to 10.3 billion dollars, after the increases in Chinese duties and the injunction to companies to cancel orders. In turn, Chinese exports to the States decreased by 16%, falling to 44.4 billion dollars, due to the duties imposed on Chinese goods imposed by the Trump administration.Dazi, trade collapses between US and China
2019-09-08T09:32:04.269Z
11.22 US-China trade dropped sharply in August, while there are no glimpses for a solution to the crisis. The import of American goods decreased by 22% on an annual basis, to 10.3 billion dollars, after the increases in Chinese duties and the injunction to companies to cancel orders. In turn, Chinese exports to the States decreased by 16%, falling to 44.4 billion dollars, due to the duties imposed on Chinese goods imposed by the Trump administration.
Source: rainews