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

by Mike Robinson

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© 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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