Re:Decoupling isn't phoney – The global trading system is st...
by vGPU on Wednesday August 30, 2023 @11:18PM
(#37332059)
But Chinese exports to the US increased.
> In 2022, both U.S. exports to China and imports from China continued to grow for a third year in a row. U.S. exports totaled $153.8 billion, an increase of 1.6% ($2.4 billion) from 2021; U.S. imports from China totaled $536.8 billion, an increase of 6.3% ($31.8 billion); and the trade deficit with China was $382.9 billion, an increase of 8.3% of ($29.4 billion).
Re:Decoupling isn't phoney – The global trading system is st...
by panarky on Thursday August 31, 2023 @12:22AM
(#37332436)
Those percentage increases seem to be lower than the rate of inflation at that time, which would mean the real value of imports and exports was flat or lower.
> In 2022, both U.S. exports to China and imports from China continued to grow for a third year in a row. U.S. exports totaled $153.8 billion, an increase of 1.6% ($2.4 billion) from 2021; U.S. imports from China totaled $536.8 billion, an increase of 6.3% ($31.8 billion); and the trade deficit with China was $382.9 billion, an increase of 8.3% of ($29.4 billion).
- dept. of commerce.