mo4ch:>US-China trade plunges by 20% in the first two months of 2019 | Mo4ch News

The volume of trade between the world’s two largest economies, the United States and China, dropped to $76.5 billion in January-February, according to data by China’s General Administration of Customs.The figure is 20 percent lower than for the same period of last year. At the same time, the trade deficit between the countries narrowed to $42.1 billion, after reaching almost $30 billion in December alone. Statistics showed that Chinese exports to the United States decreased by 14.1 percent in the first two months of the year to $59.295 billion. The US exported just $17.18 billion worth of goods in China, down 35 percent from January and February 2018.Also on rt.comUS & China start outlining deal to end trade war – reportsThe two nations have recently started laying out a deal to put an end to their seven-month trade dispute. US President Donald Trump noted significant progress in negotiations, writing on Twitter that he decided to postpone the increase of tariffs on Chinese goods …