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What cold war? U.S. trade with China hits new high

2023-02-08 09:54:12       source:Politico

February 7, 2023


U.S.-China relations have reached a low point after a Chinese spy balloon was discovered — and shot down — over U.S. territory last week, but trade between the world’s two leading economies just hit an all-time high.


According to numbers released Tuesday by the Commerce Department, two-way trade between the United States and China set a new record in 2022 — $690 billion — part of a surge in U.S. trade with partners around the world last year.


The U.S. had record imports from 90 countries in 2022, led by Mexico, Canada and Japan.


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https://www.politico.com/news/2023/02/07/trade-china-relations-economies-00081301