China trade surplus with US swells to record high amid brewing tariff war

July 13, 2018
China’s trade surplus with the US jumped to its highest ever record last month, as tensions mount over the escalating tit-for-tat tariff war between the two economic superpowers.

New figures show that China’s trade balance with the US widened to $29bn (£22bn) in June, rising from $25bn in May.

However, Chinese...
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