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China's Oct trade surplus with the United States at $40.75 billion

Published 11/06/2021, 11:19 PM
Updated 11/06/2021, 11:20 PM
© Reuters. FILE PHOTO: The flags of the United States and China fly from a lamppost in the Chinatown neighborhood of Boston, Massachusetts, U.S., November 1, 2021.   REUTERS/Brian Snyder

BEIJING (Reuters) - China's trade surplus with the United States was $40.75 billion in October, Reuters calculations based on customs data showed on Sunday, down from $42 billion in September.

For the first ten months of the year, the surplus was $320.67 billion.

Earlier in October, U.S. Trade Representative Katherine Tai pledged to exclude some Chinese imports from tariffs while pressing Beijing over its failure to keep some promises made in a "Phase 1" trade deal made under the Trump administration.

Latest comments

So the Chinese lied and as a result, the U.S. eased the sanctions?  That'll teach 'em.
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