BREAKING NEWS

China's November trade surplus with U.S. widens to $35.55 billion

China's November trade surplus with U.S. widens to $35.55 billion
FILE PHOTO: A container area is seen at the Yangshan Deep Water Port, part of the newly announced Shanghai Free Trade Zone, south of Shanghai September 26, 2013. REUTERS/Carlos Barria/File Photo -
Copyright
Carlos Barria(Reuters)
Euronews logo
Text size Aa Aa

BEIJING (Reuters) – China’s trade surplus with the United States widened to $35.55 billion in November, compared with $31.78 billion in October, Chinese customs data showed on Saturday.

For January-November, China’s trade surplus with the United States was $293.52 billion (230.6 billion pounds), compared with about $251.26 billion in the same period last year.

China’s large trade surplus with the United States has long been a sore point with Washington, and is at the centre of a bitter dispute between the world’s two biggest economies.

The two countries have hit each other with tit-for-tariffs on goods worth hundreds of billions of dollars.

In Argentina last weekend, Presidents Donald Trump and Xi Jinping agreed to a 90-day truce that delayed the planned Jan. 1 U.S. hike of tariffs to 25 percent from 10 percent on $200 billion of Chinese goods while they negotiate a trade deal.

(Reporting by Beijing Monitoring Desk; Editing by Richard Borsuk)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.
Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.