The flags of the United States and China fly from a lamppost in the Chinatown neighborhood of Boston, Massachusetts, U.S., November 1, 2021. REUTERS/Brian Snyder
BEIJING, Nov 7 (Reuters) – China’s trade surplus with the United States was $40.75 billion in October, Reuters calculations based on customs data showed on Sunday, down from $42 billion in September.
For the first ten months of the year, the surplus was $320.67 billion.
Earlier in October, U.S. Trade Representative Katherine Tai pledged to exclude some Chinese imports from tariffs while pressing Beijing over its failure to keep some promises made in a “Phase 1” trade deal made under the Trump administration.
Reporting by Muyu Xu, Stella Qiu and Beijing Newsroom; Editing by Christian Schmollinger
Our Standards: The Thomson Reuters Trust Principles.
The many different trade and aid policies being pursued by China globally have been heavily criticised but can developing countries become more independent or will China’s policy reform?
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