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US exports to China go out of business war



US. Exports to China fell sharply last month when the Trump administration and Beijing did not seem closer to reaching an agreement to end a month-long trade war that affected goods by billions of dollars.

On Friday, the Associated Press reported that Chinese imports from the US declined 31.4 percent from the same time last year, while the US trade surplus with the US increased by 3 percent. US imports from China fell at a much lower rate – just 7.8 percent compared to last year.

Experts are still pessimistic, according to the news service, convinced that Trump's talks with China could break down again and extend the trade conflict for months.

"Our basic case is that trade negotiations will break down for too long," says economist Julian Evans-Pritchard, according to the AP.

On a tweet Thursday, the president beat China's lack of imports from the United States, accusing Beijing of returning to promises to reduce China's trade surplus with the United States by buying more US goods.

"Mexico is doing well on the border, but China is releasing us by not buying agricultural products from our big farmers as they said they would. Hopefully they will soon start!" He tweeted.

China's government has been working to stop US exports recently, especially areas aimed at harming the president's relationship with his base as in the Midwest. China stopped importing American soybeans in May and in April, imports of American grains as sorghum were stuck.

Trump denied that the US was in a trade war with China in April, even though the administration has since moved to raise tariffs on Chinese imports while Beijing responded similarly.

"We are not in a trade war with China, that war was lost many years ago by the stupid or incompetent people who represented the United States. We can't let it continue! "Trump tweeted in early April.


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