China's trade with US shrinks again in September
The trade war between the U.S. and China continues to take a toll on the Chinese economy and threatens to tip the global economy into recession. China's trade with the United States fell by double digits again in September. Exports to the United States, China's biggest foreign market, fell 17.8 percent to $36.5 billion, a deterioration from August's 16 percent decline, customs data showed Monday. Imports of American goods sank 20.6 percent from the year before to $10.6 billion, a slight improvement over August's 22 percent decline.
The trade war between the U.S. and China continues to take a toll on the Chinese economy and threatens to tip the global economy into recession. China's trade with the United States fell by double digits again in September. Exports to the United States, China's biggest foreign market, fell 17.8 percent to $36.5 billion, a deterioration from August's 16 percent decline, customs data showed Monday. Imports of American goods sank 20.6 percent from the year before to $10.6 billion, a slight improvement over August's 22 percent decline.
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