China trade surplus with US at all-time high

China's monthly trade surplus with the US hit a record high of almost $29 billion in June as exports to America remained strong.
The figures come a week after the trade war between the two began, with the US imposing tariffs on $34 billion on Chinese goods, and China retaliating.
This week, Washington threatened to impose 10 per cent tariffs on another $200 billion of Chinese imports.
Analysts expect to see the impact of the tariffs in July's figures.

comments powered by Disqus
Most Popular
Good day for JSE Index
Morrisson joins Swedish club on trial
Parkes signs for Irish club