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U.S. merchandise trade deficit with China hit record in 2015

U.S. merchandise trade deficit with China hit record in 2015

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(CNSNews.com) – The merchandise trade deficit that the United States ran with China in 2015 hit a record high of $365,694,000,000, according to data released Friday by the U.S. Census Bureau and the Bureau of Economic Analysis. "The deficit with China increased $22.6 billion to $365.7 billion in 2015," the BEA said in a press release. "Exports decreased $7.5 billion to $116.2 billion and imports increased $15.1 billion to $481.9 billion."

(CNSNews.com) – The merchandise trade deficit that the United States ran with China in 2015 hit a record high of $365,694,000,000, according to data released Friday by the U.S. Census Bureau and the Bureau of Economic Analysis. "The deficit with China increased $22.6 billion to $365.7 billion in 2015," the BEA said in a press release. "Exports decreased $7.5 billion to $116.2 billion and imports increased $15.1 billion to $481.9 billion."…