Trends In Trade

Trends In Trade

China is one of the United States’ most important trading partners. In 2017, China was the United States’ largest goods trading partner, third-largest export market, and biggest supplier of imports.

China is one of the United States’ most important trading partners. In 2017, China was the United States’ largest goods trading partner, third-largest export market, and biggest supplier of imports.

How this state of affairs came about is chronicled is a report recently released by the US-China Economic Security and Review Commission.

The latest report analyzes patterns in the US-China trade relationship and updates a report published by the commission in 2012. The 2012 report found that China exported hundreds of billions of dollars’ worth of manufactured goods, but imported a much smaller amount of non-manufactured goods from the US. Continue reading

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