Dissecting the numbers in the China-US trade relationship

U.S. Trade Representative Robert Lighthizer has hinted that a trade deal with China is not yet certain. Lighthizer testified before Congress and said implementing an agreement would be a long process. Over the weekend, U.S. President Donald Trump pushed back a deadline for new tariffs on Chinese goods. At the heart of the matter is a trading relationship worth more than $635 billion. CGTN’s Gerald Tan explains some of the key numbers in this story. The world’s two largest economies are locked in an all-out trade war. The big question: why? The latest annual figures help paint a picture. In 2017, the United States imported $505.5 billion worth of goods from China. But it exported just $129.9 billion of goods […]