US-China trade sinks in November as tariff war drags on ...News

Chinese exports to the United States in November dropped 23 percent from a year earlier to $35.6 billion, customs data showed. Trade between the two global superpowers has been tumbling despite efforts to cut a deal. Imports of American goods were down by 2.8 percent to $11 billion, giving China a surplus with the United States of $24.6 billion, according to the data. Meanwhile, Chinese exports to other countries including France were up, helping to offset the loss. China’s global exports fell 1.1 percent, compared with last year, to $221.7 billion despite weakening worldwide demand. Imports grew 0.3 percent to $183 billion, giving the

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