• Latest
  • Trending
China exports to U.S. fall as trade war bites

China exports to U.S. fall as trade war bites

October 6, 2019
US slaps new sanctions on Cuba over human rights, Venezuela

US slaps new sanctions on Cuba over human rights, Venezuela

October 20, 2019
McConnell condemns Trump over Syria as impeachment inquiry ramps up

McConnell condemns Trump over Syria as impeachment inquiry ramps up

October 20, 2019
Rivals in the scramble to be the world’s 21st-century superpower

Rivals in the scramble to be the world’s 21st-century superpower

October 20, 2019
Manufacturers express deep misgivings over Johnson’s Brexit deal

Manufacturers express deep misgivings over Johnson’s Brexit deal

October 19, 2019
General discontent: how the president’s military men turned on Trump

General discontent: how the president’s military men turned on Trump

October 19, 2019
US ground troops will not enforce Syria ‘safe zone’: Esper

US ground troops will not enforce Syria ‘safe zone’: Esper

October 19, 2019
US senators to move ‘full steam ahead’ with Turkey sanctions

US senators to move ‘full steam ahead’ with Turkey sanctions

October 18, 2019
US, Turkey agree on Turkish ceasefire with Syrian Kurds

US, Turkey agree on Turkish ceasefire with Syrian Kurds

October 18, 2019
What his letter to Erdoğan tells us about Donald Trump

What his letter to Erdoğan tells us about Donald Trump

October 18, 2019
Student who attacked police faces life in prison

Student who attacked police faces life in prison

October 18, 2019
Police Raid Raises Threat Bomb

Police Raid Raises Threat Bomb

October 18, 2019
Hong Kong Protests Are Increasingly Extreme

Hong Kong Protests Are Increasingly Extreme

October 18, 2019
Monday, December 9, 2019
No Result
View All Result
  • Region
    • Ohio
      • Cincinnati
      • Cleveland
      • Columbus
      • Dayton
      • Universities
        • Capital University
        • Franklin University
        • Ohio State
        • University of Cincinnati
    • Illinois
    • Indiana
    • Iowa
    • Kentucky
    • Michigan
    • Minnesota
    • Missouri
    • West Virginia
    • Wisconsin
  • U.S. News
  • Global News
    • Canada
    • Europe
      • France
      • Germany
      • Russian Federation
      • United Kingdom
      • Germany
    • Latin America
      • Mexico
    • Africa
      • South Africa
      • Mali
      • Kenya
    • Asia
      • Australia & New Zealand
      • China
      • Japan
      • North & South Korea
  • National Security
    • Military
    • Politics
    • Terrorism
  • Economy
  • Sports
    • Auto Racing
    • Cycling
    • Golf
    • MLB
      • Chicago Cubs
      • Chicago White Sox
      • Cincinnati Reds
      • Cleveland Indians
      • Detroit Tigers
      • Milwaukee Brewers
      • Minnesota Twins
      • St. Louis Cardinals
    • NBA
      • Chicago Bulls
      • Cleveland Cavaliers
      • Detroit Pistons
      • Indiana Pacers
      • Milwaukee Bucks
      • Minnesota Timberwolves
    • NFL
      • Chicago Bears
      • Cleveland Browns
      • Cincinnati Bengals
      • Detroit Lions
      • Green Bay Packers
      • Minnesota Vikings
    • NHL
      • Chicago Blackhawks
      • Columbus Bluejackets
      • Detroit Redwings
      • Minnesota Wild
      • St. Louis Blues
    • Rugby
    • Soccer
    • Tennis
    • Water Sports
  • Lifestyle
    • Art
    • Books & Literature
    • Family & Health
    • Fashion
      • Milan
      • New York
      • Paris
    • Movies
    • Music
    • Religion
    • Television
    • Travel
    • Women
  • Environment
    • Water, River & Oceans
    • Wildlife
    • Forests
    • Climate Change
  • Region
    • Ohio
      • Cincinnati
      • Cleveland
      • Columbus
      • Dayton
      • Universities
        • Capital University
        • Franklin University
        • Ohio State
        • University of Cincinnati
    • Illinois
    • Indiana
    • Iowa
    • Kentucky
    • Michigan
    • Minnesota
    • Missouri
    • West Virginia
    • Wisconsin
  • U.S. News
  • Global News
    • Canada
    • Europe
      • France
      • Germany
      • Russian Federation
      • United Kingdom
      • Germany
    • Latin America
      • Mexico
    • Africa
      • South Africa
      • Mali
      • Kenya
    • Asia
      • Australia & New Zealand
      • China
      • Japan
      • North & South Korea
  • National Security
    • Military
    • Politics
    • Terrorism
  • Economy
  • Sports
    • Auto Racing
    • Cycling
    • Golf
    • MLB
      • Chicago Cubs
      • Chicago White Sox
      • Cincinnati Reds
      • Cleveland Indians
      • Detroit Tigers
      • Milwaukee Brewers
      • Minnesota Twins
      • St. Louis Cardinals
    • NBA
      • Chicago Bulls
      • Cleveland Cavaliers
      • Detroit Pistons
      • Indiana Pacers
      • Milwaukee Bucks
      • Minnesota Timberwolves
    • NFL
      • Chicago Bears
      • Cleveland Browns
      • Cincinnati Bengals
      • Detroit Lions
      • Green Bay Packers
      • Minnesota Vikings
    • NHL
      • Chicago Blackhawks
      • Columbus Bluejackets
      • Detroit Redwings
      • Minnesota Wild
      • St. Louis Blues
    • Rugby
    • Soccer
    • Tennis
    • Water Sports
  • Lifestyle
    • Art
    • Books & Literature
    • Family & Health
    • Fashion
      • Milan
      • New York
      • Paris
    • Movies
    • Music
    • Religion
    • Television
    • Travel
    • Women
  • Environment
    • Water, River & Oceans
    • Wildlife
    • Forests
    • Climate Change
No Result
View All Result
No Result
View All Result

China exports to U.S. fall as trade war bites

U.S. Aug trade deficit with China narrows slightly, widens globally

October 6, 2019
in Featured, Global News, News, Politics, U.S. News
0
Home Featured
Post Views: 5

 

Chinese exports to the U.S. have dropped significantly in 2019, providing increasing evidence that the President Trump’s trade war is taking a toll on the bilateral relationship.

U.S. imports from China fell 12.5% in the first eight months of the year, the Census Bureau reported this week.

Meanwhile, Mexico, which is America’s second largest supplier of goods, posted the biggest increase of exports to the U.S..

RelatedPosts

Rivals in the scramble to be the world’s 21st-century superpower

China trade war triggers closings, layoffs at US hardwood lumber mills

California tour operator charged with passing US state secrets to China

US and China are not heading into a ‘cold war,’ says BNP Paribas chairman

Imports from China declined $43 billion year on year, while purchases from Mexico rose a substantial 5.5%, or $12.4 billion.

Despite high-level talks between the U.S. and China in Washington expected in mid-October, a range of various items have felt the brunt of the trade spat. The U.S. Commerce Department said this week that China was dumping items such as wooden cabinets in the United States at margins ranging from 4.5% to 262%, Reuters reported.

“The department is also probing whether imports of wood cabinets, vanities and their components from China were being unfairly subsidized and began collecting cash deposits in August to offset the alleged subsidy,” Reuters said.

Shrimp imports from China also fell in August, declining 62% in volume and 71% in value year on year, reveals according to the National Oceanic and Atmospheric Administration.

China has also shown a slowdown in aluminum exports, one of its key metrics, which fell 4.3% in August from the previous month despite a weaker yuan. China is the world’s leading aluminum producer, but last month exported its lowest amount since February.

The U.S. trade deficit with China narrowed in August as exports rose to a five-month high. The trade gap with China shrank to $29 billion from $29.6 billion a month earlier, according to Commerce Department data. Exports increased to $10 billion while imports declined slightly to $39 billion.

The overall U.S. deficit widened to $55 billion in August, which was higher than expected.

Despite the trade war, China’s fall in exports comes as an anomaly. Shipments grew by over 3% in July, but fell by 1% in August. This was markedly below the 2.1% growth predicted by analysts in a Bloomberg poll.

High-level officials, including Vice Premier Liu He, are expected to meet at the White House next week. The talks will be the 13th high-level meetings among there two countries.

The talks come as President Donald Trump faces impeachment inquiries. This week he publicly asked China to investigate dealings of the family of Joe Biden in the country, though no evidence of wrongdoing has been put forward.

Tanner Brown is a contributor to MarketWatch and Barron’s and produces the Caixin-Sinica Business Brief podcast.

Source :

Market Watch

Tags: ChinaChinese exportsMexicotrade war

Related Posts

US slaps new sanctions on Cuba over human rights, Venezuela
Featured

US slaps new sanctions on Cuba over human rights, Venezuela

October 20, 2019
McConnell condemns Trump over Syria as impeachment inquiry ramps up
Featured

McConnell condemns Trump over Syria as impeachment inquiry ramps up

October 20, 2019
Rivals in the scramble to be the world’s 21st-century superpower
Featured

Rivals in the scramble to be the world’s 21st-century superpower

October 20, 2019
Manufacturers express deep misgivings over Johnson’s Brexit deal
Europe

Manufacturers express deep misgivings over Johnson’s Brexit deal

October 19, 2019
General discontent: how the president’s military men turned on Trump
Featured

General discontent: how the president’s military men turned on Trump

October 19, 2019
Next Post
North Korea: No more talks until US ends ‘hostile policy’

North Korea: No more talks until US ends 'hostile policy'

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Translate

Popular Post

US slaps new sanctions on Cuba over human rights, Venezuela
Featured

US slaps new sanctions on Cuba over human rights, Venezuela

October 20, 2019
0

  The United States on Friday imposed new sanctions on Cuba over its support for Venezuelan President Nicolas Maduro and...

Read more
Canada to Ice Argentina at Americas Rugby Championship?

Canada to Ice Argentina at Americas Rugby Championship?

February 5, 2017
White House investigates leaks of Trump calls to Australia, Mexico

White House investigates leaks of Trump calls to Australia, Mexico

February 5, 2017
Trump names Gina Haspel as new CIA deputy chief

Trump names Gina Haspel as new CIA deputy chief

February 5, 2017
Trump ignites political fight over U.S. banking law reforms

Trump ignites political fight over U.S. banking law reforms

February 5, 2017
  • About Us
  • Creative Commons
  • Disclaimer
  • Privacy Policy
  • Terms & Conditions
  • Contact Us

Topics

Follow Us

About Us

Theohiominer.com is part of the Ohio Miner Media Group LLC, which delivers daily news around the globe. ​

© 2015 The Ohio Miner

No Result
View All Result
  • Region
    • Ohio
      • Cincinnati
      • Cleveland
      • Columbus
      • Dayton
      • Universities
    • Illinois
    • Indiana
    • Iowa
    • Kentucky
    • Michigan
    • Minnesota
    • Missouri
    • West Virginia
    • Wisconsin
  • U.S. News
  • Global News
    • Canada
    • Europe
      • France
      • Germany
      • Russian Federation
      • United Kingdom
      • Germany
    • Latin America
      • Mexico
    • Africa
      • South Africa
      • Mali
      • Kenya
    • Asia
      • Australia & New Zealand
      • China
      • Japan
      • North & South Korea
  • National Security
    • Military
    • Politics
    • Terrorism
  • Economy
  • Sports
    • Auto Racing
    • Cycling
    • Golf
    • MLB
      • Chicago Cubs
      • Chicago White Sox
      • Cincinnati Reds
      • Cleveland Indians
      • Detroit Tigers
      • Milwaukee Brewers
      • Minnesota Twins
      • St. Louis Cardinals
    • NBA
      • Chicago Bulls
      • Cleveland Cavaliers
      • Detroit Pistons
      • Indiana Pacers
      • Milwaukee Bucks
      • Minnesota Timberwolves
    • NFL
      • Chicago Bears
      • Cleveland Browns
      • Cincinnati Bengals
      • Detroit Lions
      • Green Bay Packers
      • Minnesota Vikings
    • NHL
      • Chicago Blackhawks
      • Columbus Bluejackets
      • Detroit Redwings
      • Minnesota Wild
      • St. Louis Blues
    • Rugby
    • Soccer
    • Tennis
    • Water Sports
  • Lifestyle
    • Art
    • Books & Literature
    • Family & Health
    • Fashion
      • Milan
      • New York
      • Paris
    • Movies
    • Music
    • Religion
    • Television
    • Travel
    • Women
  • Environment
    • Water, River & Oceans
    • Wildlife
    • Forests
    • Climate Change

© 2015 The Ohio Miner