China's trade surplus with US hits record $31 billion
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September 9, 2018
BEIJING (AP) — China's trade surplus with the United States widened to a record $31 billion in August as exports surged despite American tariff hikes, potentially adding fuel to President Donald Trump's battle with Beijing over industrial policy.
Exports to the United States rose 13.4 percent to $44.4 billion, ticking up from July's 13.3 percent growth, according to customs data. Imports of U.S. goods rose 11.1 percent to $13.3 billion, decelerating from the previous month's 11.8 percent.
That could help reignite U.S. demands that Beijing narrow its trade gap, which has temporarily been oversh...
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