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US trade deficit reaches record $73.3bn amid ongoing spat with China

October 5th, 2021
Categories: News

Link: https://www.rt.com/business/536651-us-trade-deficit-widens-china/

Trade deficit, $73.3 billion, topped previous record of $73.2 billion, according to US Department of Commerce. Imports, even with supply chain problems at ports, increased to $287 billion..Trade imbalance with China, a politically sensitive issue., US Trade Representative Katherine Tai announced White House planning to launch new trade talks with China.. Current US administration doesn’t plan to lift Trump-era tariffs., Washington pushing China fulfill pledge to buy more US goods and services.

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