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China's November trade surplus with U.S. widens to $35.55 billion (Highest EVER. Anywhere...)
Reuters ^ | December 8, 2018

Posted on 12/08/2018 5:10:28 PM PST by cba123

BEIJING (Reuters) - China's trade surplus with the United States widened to $35.55 billion in November, compared with $31.78 billion in October, Chinese customs data showed on Saturday.

For January-November, China's trade surplus with the United States was $293.52 billion (230.6 billion pounds), compared with about $251.26 billion in the same period last year.

(please see link for full article, though in this case the article is quite short)

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: america; china
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Trump really needs to do something about this.

China is now running the largest trade surplus with America, between any two countries, in the history of our world.

EVER.

https://census.gov/foreign-trade/balance/c5700.html

(includes October)

1 posted on 12/08/2018 5:10:28 PM PST by cba123
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To: cba123

https://census.gov/foreign-trade/balance/c5700.html


2 posted on 12/08/2018 5:11:04 PM PST by cba123 ( Toi la nguoi My. Toi bay gio o Viet Nam.)
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To: cba123

By the way it was Reuters/Yahoo which called the surplus “November”.

I believe it was actually October. That was reported just the last couple days, now.


3 posted on 12/08/2018 5:13:32 PM PST by cba123 ( Toi la nguoi My. Toi bay gio o Viet Nam.)
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To: cba123

Doesn’t it ALWAYS get worse in Nov & Dec? Nov is Black Friday Month. And Dec is even more Xmas shopping


4 posted on 12/08/2018 5:14:17 PM PST by CardCarryingMember.VastRightWC ("Blessed are the young, for they shall inherit the national debt" - Pr. Herbert Hoover)
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To: cba123

China attacks Main Street.

When will they attack Wall Street? Or is that currently happening?


5 posted on 12/08/2018 5:14:22 PM PST by Paladin2 (Ich kann nicht Deutch...)
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To: cba123

It’s a commie plot. No, seriously,


6 posted on 12/08/2018 5:15:13 PM PST by Jim Robinson (Resistance to tyrants is obedience to God!)
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To: Jim Robinson

Hehe.

Maybe you are right.


7 posted on 12/08/2018 5:16:19 PM PST by cba123 ( Toi la nguoi My. Toi bay gio o Viet Nam.)
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To: cba123
We keep buying.

Need more "Made in America"

8 posted on 12/08/2018 5:16:40 PM PST by Sacajaweau
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To: CardCarryingMember.VastRightWC

Just know, our trade deficit with China is currently going to set yet another all-time record this year.

Biggest (worst) ever.

Between any two countries. Ever.


9 posted on 12/08/2018 5:19:31 PM PST by cba123 ( Toi la nguoi My. Toi bay gio o Viet Nam.)
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To: cba123
I guess I would expect to see this initially, as the price of Chinese goods goes up secondary to the tariffs. Even if the amount of Chinese goods that is imported doesn't change, if the price goes up because of the tariffs the cost of imports goes up - thus increasing the trade deficit. It takes time for trade patterns to be altered, but it doesn't take long for the price of tariffs to impact the cost of imports.

Stopping the Chinese from using us in their quest to become the most powerful nation on Earth was never going to be painless, and was never going to be a short-term endeavor.

10 posted on 12/08/2018 5:20:30 PM PST by neverevergiveup
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To: cba123

Trump really needs to do something about this.

...

The Fed manipulating interest rates is strengthening the dollar. Trump seems to be making some progress in getting them to ease up.


11 posted on 12/08/2018 5:20:41 PM PST by Moonman62 (Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
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To: cba123

The Christmas rush.


12 posted on 12/08/2018 5:21:18 PM PST by Brilliant
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To: cba123
Many companies ordered ahead of the possible tariff increase. If the numbers remain high next couple months without higher tariffs then it will be a trend and not just this factor.
13 posted on 12/08/2018 5:23:46 PM PST by highpockets
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To: cba123

...Trump really needs to do something about this....

Im all ears.


14 posted on 12/08/2018 5:25:22 PM PST by Raycpa
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To: cba123

The Christmas Rush of a very prosperous year looks to be a big factor to me. Trump has already addressed this problem so lets see what china does and how Trump reacts.


15 posted on 12/08/2018 5:25:45 PM PST by mountainlion (Live well for those that did not make it back.)
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To: highpockets

Just look at the history...

This number has been increasing almost every single year, significantly.

Every year. This is only in one generation, this has happened. And every year, it gets (much) worse.

Every year. Constantly. For the entire last generation...


16 posted on 12/08/2018 5:27:00 PM PST by cba123 ( Toi la nguoi My. Toi bay gio o Viet Nam.)
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To: Jim Robinson

You noticed too.


17 posted on 12/08/2018 5:27:34 PM PST by Raycpa
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To: cba123

Trump and his ally David Perdue are subsizing the import of containers of Chinese crap by subsidizing the Savannah-Brunswick port. This makes no sense.


18 posted on 12/08/2018 5:28:19 PM PST by spintreebob
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To: cba123

The communist government owns the ‘corporations’ in China.

Our own commies ‘own’ our government, our media, our public institutions, etc. I wonder how much stock in our corporations is actually owned by the commies (Chinese and domestic)? Our corporate retailers are having a hay day importing container ship loads of cheap slave-made Chinese merchandise and dumping it on our consumers.


19 posted on 12/08/2018 5:30:02 PM PST by Jim Robinson (Resistance to tyrants is obedience to God!)
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To: Paladin2
When will they attack Wall Street? Or is that currently happening?

It sure feels that way, I've been hammered the last couple of months.
20 posted on 12/08/2018 5:31:36 PM PST by JoSixChip (He is Batman!)
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