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

Credit: City A.M.- Published on 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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