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China Sept trade surplus with the United States at $42 billion By Reuters

© Reuters. FILEPHOTO: Flags from the U.S. and China are seen flying outside the Beijing headquarters of an American company on January 21, 2021. REUTERS/Tingshu Wang

BEIJING, (Reuters) – China’s trade surplus to the United States was $42 billion in September according to Reuters calculations based upon Chinese customs data. This is up from $37.68 million in August.

The surplus for the nine first months of this year was $280 Billion, an increase of $237.99 Billion in the eight-months of 2021.

The U.S.-China Economic and Trade Agreement was reviewed by top US trade officials last week.

China is being pressed by the United States to honor its obligations under Phase 1 of its trade deal. This has helped end a decades-old tariff war between China and two of the most powerful economies in the world.

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.