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.

Read more:

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