BEIJING - China's trade surplus with the United States ballooned to a new record $31 billion in August despite a raft of US tariffs, official data showed Saturday, adding fuel to the flames of a searing trade war. But the tariffs do not appear to have dented the appetite for Chinese-made products in the United States. China's trade surplus with the United States reached $31 billion in August, an 18.7 percent increase from the same month last year and up from its previous record, $28.9 billion, in June this year, according to customs data. While China's trade surplus with the United States grew again, it remained stable with the rest of the world at $27.9 billion in August. He said Friday that tariffs on another $200 billion in Chinese goods are "in the hopper" and "could take place very soon".

Source: Bangkok Post September 08, 2018 06:11 UTC