A cargo ship loaded with containers makes its way at a port in Qingdao in China's eastern Shandong province on Tuesday (Jan 14). China's trade surplus with the United States narrowed last year as the world's two biggest economies exchanged punitive tariffs in a bruising trade war, official data showed on Tuesday, on the eve of a deal to ease tensions - AFP
BEIJING: China's trade surplus with the United States narrowed last year as the world's two biggest economies exchanged punitive tariffs in a bruising trade war, data showed Tuesday (Jan 14), just as the two prepare to sign a deal dialling down tensions.
The huge difference in trade traffic is a key bone of contention for Donald Trump in a long-running stand-off that has seen him impose tariffs on goods worth hundreds of billions of dollars, triggering retaliation from Beijing and jolting the global economy.
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