China's trade surplus with the U.S. grew 17 percent from a year ago to hit $323.32 billion in 2018, nearly one billion dollars per day. For the first time the trade deficit included automobiles shipped from China to the United States. These vehicles included Buicks and Volvos. The Buick Envision is a sports-utility vehicle made by General Motors in China. GM imported about 40,000 of these vehicles last year adding about $1 billion to our trade deficit with China.
Negotiations with China
While we have been negotiating a new trade agreement with China our trade deficit with the Middle Kingdom has increased dramatically. Tens of thousands of Americans continue to die annually from drug overdoses from imported Chinese drugs. At the same time China is expanding its espionage campaign against the United States. Now is the time to get really tough with China and not to praise Xi Jinping, the president of China. We are under attack and need to recognize China as our enemy, not a friendly trading partner.(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).
