US Saw Spike in Goods Exports to China in 2020, USCBC Says
U.S. goods exports to China rose nearly 20% last year due to large volume shipments of U.S. agriculture products, semiconductors and energy goods, the U.S.-China Business Council said in a May 12 report. The USCBC said the increase -- from…
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$105 billion worth of goods exports in 2019 to $123 billion in 2020 -- was partly driven by Chinese tariff exclusions and purchase commitments under the phase one trade deal with the U.S.