Did the U.S. Bilateral Goods Deficit With China Increase or Decrease During the U.S.-China Trade Conflict?

Hunter Clark and Anna Wong

No 2021-06-21-4, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: The United States' bilateral goods trade deficit with China appeared to have narrowed substantially since the escalation of the U.S.-China trade conflict in 2018, or so U.S. trade data suggest. By contrast, the Chinese data tell a much different story: the deficit, as implied by China's bilateral surplus, nearly reached historical highs by the end of 2020.

Date: 2021-06-21
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2021-06-21-4

DOI: 10.17016/2380-7172.2927

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