(Photo by Win McNamee/Getty ... [+] Images) Getty ImagesPresident Trump signed the Phase One trade deal with China last Wednesday. Increases in U.S. exports to China over 2 years U.S. China Phase One Trade DealIncreases in U.S. exports to China over 2 years U.S. CHINA PHASE ONE TRADE DEALIn 2017 the U.S. exported $188 billion in Goods and Services to China. Through November 2019 U.S. Goods exports to China have fallen by 15.9% compared to the first 11 months of 2017. Note that Goods exports to China were $129.8 billion in 2017 and are estimated to be $109.2 billion in 2019. The U.S. will still run a very large deficit with ChinaIn 2017 the U.S. had a $336 billion deficit with China.
Source: Forbes January 18, 2020 23:26 UTC