China is currently running an even higher trade surplus against America, than they did last year.
And last year was an all-time record.
Between any two countries. Ever.
https://census.gov/foreign-trade/balance/c5700.html
Simple and obvious explanation is the stronger our economy the larger are the trade deficits because most of what we buy is made outside this country.
Trump’s idea to bring mfg back to America (along with fair or no tariffs) will go a long way towards shrinking deficits.