China Decrease in trade value with the US in September Impact of mutual tariffs on October 14 18:15

Last month's trade statistics for China announced on the 14th, the amount of trade with the United States, which combined exports and imports, dropped significantly from the same month last year, and the United States and China were launched simultaneously targeting each other's imports last month. It seems that the impact of the additional tariff appears.

According to last month's trade statistics released by the Chinese customs authorities, exports and imports combined with the United States were more than $ 47 billion, down 21% from the same month last year.

Of these, exports to the US were minus 22%, and imports from the US were minus 16%, both of which decreased significantly.

This seems to be due to the impact of measures to increase the tariffs that the United States and China on the 1st of last month, simultaneously targeting each other's imported goods.

On the other hand, China's trade surplus with the US, which Trump has seen as a problem, is $ 25.88 billion, a 24% reduction from the same month last year, but remains at a high level.

China has agreed to expand imports of American agricultural products in a ministerial trade negotiation with the United States last week in Washington, and is interested in how much imports will increase in the future.