It’s not just farmers — U.S. exports to China may never recover from the trade war - News Summed Up

It’s not just farmers — U.S. exports to China may never recover from the trade war


The Trump administration’s trade war is ravaging exports to China across the U.S. and well beyond the farm belt, new data from the U.S. Commerce Department show. More than 30 states, stretching from Florida to Alaska, suffered double-digit drops in merchandise exports to China through September. Product exports to China from the U.S. as a whole dropped 15% to $78.8 billion. Oregon’s total exports to China surged 65% in the nine months, according to the data. AdvertisementIndeed, neither South Carolina nor Oregon officials are complacent about the future of their Chinese exports.


Source: Los Angeles Times November 17, 2019 12:56 UTC



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