- Moderator
- #1
History has shown repeatedly and most economists agree that tariffs don't work. When will the president figure it out?
BEIJING—China’s trade surplus with the U.S. hit a record last year, as robust American demand for Chinese goods undercut the Trump administration’s tariff offensive aimed at narrowing the countries’ lopsided trade gap.
China recorded $323.32 billion in surplus with the U.S. in 2018, representing a 17% jumpfrom the figure in the previous year, according to Chinese government trade data released Monday.
China’s Annual Trade Surplus With U.S. Hits Record Despite Trump’s Tariff Offensive