U.S. trade in goods with China 2000-2014
by Xinyi Gu on May 3, 2015 | Views: 54 | Score: 0
U.S. dollars (in millions)
The chart shows that the U.S. trade deficit with China keeps growing because imports are rising faster than exports. Why is there a U.S. trade deficit with China? The United States imports consumer electronics, clothing and machinery from China. A lot of the imports are from U.S.-based companies that send raw materials to China for cheap assembly. When they are shipped back to the U.S., they are called imports even though they are profiting American-owned companies.