China's Trade Surplus With The U.S. Hits A Record $34.1B In September

China sends billions of dollars worth of goods to the US by sea every year (AFP Photo/Mark RALSTON)

SCMP: China’s trade surplus with US hits record high of US$34 billion as trade war rages on

Exports grow faster than expected in September as new US tariffs on US$200 billion of Chinese goods yet to bite, analysts say

China’s monthly trade surplus with the United States rose to a record high of US$34.1 billion in September on the back of an escalating trade war that shows little sign of cooling.

The figure, released on Friday by the customs administration, represented a 10 per cent increase from the US$31.05 billion surplus booked for August, suggesting Washington’s tariffs on imports of Chinese products have yet to have the desired effect of narrowing the trade gap between the two countries.

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WNU Editor: Importers/Exporters rushed to deliver their orders to beat new tariffs and future tariffs. This Chinese surplus will be going down in the next few months.

More News On China's Trade Surplus With The U.S. Hitting A Record $34.1B In September

China September exports surge, creating record surplus with U.S. despite tariffs -- Reuters
China-US surplus hits record, adding fuel to trade war -- AFP
China posts record trade surplus with the US in September, Beijing says -- CNBC
China's Sept. trade surplus with US widens to record $34.13B -- FOX Business
China's trade surplus with US widens to record $34bn -- Al Jazeera

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