U.S. trade with China tumbled in Sept. after fresh tariffs

OVERALL U.S. trade deficit in goods and services shrank to a five-month low of $52.5 billion in September, despite U.S. exports to China dropping 10% to a five-month low. / BLOOMBERG NEWS FILE PHOTO/ PATRICK T. FALLON
OVERALL U.S. trade deficit in goods and services shrank to a five-month low of $52.5 billion in September, despite U.S. exports to China dropping 10% to a five-month low. / BLOOMBERG NEWS FILE PHOTO/ PATRICK T. FALLON
WASHINGTON – United States trade with China nosedived in September after President Donald Trump escalated the trade war with fresh tariffs on consumer items, deepening a slump for exporters on both sides of the Pacific. Merchandise imports from the Asian country fell 4.9% from the prior month to $37 billion, the lowest in more than…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -