Synopsis
Exports from South Korea and Taiwan to the US have also risen over the same period, underscoring the strength of U.S. demand despite one of the worst outbreaks of Covid-19 of any nation.
iStock
Firms also are dealing with backlogs and bottlenecks at US ports and increased shipping costs.
China and the US are shipping goods to each other at the briskest pace in years, making the world’s largest bilateral trade relationship look as if the protracted tariff war and pandemic never happened.
Eighteen months after the Trump administration signed the trade deal, the agreement has turned out to be a truce at best. The US trade deficit hasn’t shrunk, most levies are still in place, and it hasn’t led to negotiations over other economic issues.
China
Beijing
Taiwan
United-states
Chad
Hong-kong
South-korea
Chinese
American
Janet-yellen
Los-angeles
Katherine-tai