FILE PHOTO – Shipping containers are seen at a port in Lianyungang, Jiangsu province, China September 8, 2018. REUTERS/Stringer
October 12, 2018
BEIJING (Reuters) – China’s trade surplus with the United States surged to a record high of $34.13 billion in September, compared with $31.05 billion in August, Chinese customs data showed on Friday.
The September surplus with the U.S. was larger than China’s overall trade surplus of $31.69 billion for the month.
For January-September, China’s trade surplus with the United States was $225.79 billion, compared with about $196.01 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 center of an increasing bitter dispute between the world’s two biggest economies.
The United States and China imposed new tit-for-tat tariffs against each other’s goods in late September, the latest escalation in a heated trade war between them.
(Reporting by Beijing Monitoring Desk; Editing by Richard Borsuk)