US trade gap with China widens by 7.3pc to US$27.9b in May - News Summed Up

US trade gap with China widens by 7.3pc to US$27.9b in May


US trade gap with China widens by 7.3pc to US$27.9b in MayA container ship is docked at Maher Terminals in Elizabeth, New Jersey. The U.S. trade deficit climbed for the third straight month in May. The US trade deficit climbed for the third straight month in May. The politically sensitive deficit in the trade of goods with China increased by 7.3 percent to US$27.9 billion in May. The coronavirus pandemic has devastated world trade.


Source: The Standard July 02, 2020 13:52 UTC



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