SPXT - Diverging Trends In U.S. Trade With China And The Rest Of The World
2024-06-12 08:05:00 ET
Summary
- Trade between the U.S. and China ticked up in April 2024 over March 2024's level, but not by enough to reverse its falling trend.
- YoY, the trailing twelve-month average of the combined nominal value of goods exchanged between the U.S. and China fell to $47.4 billion, down $6.7 billion from April 2023's level.
- The trailing twelve-month average of the goods exchanged between the U.S. and the entire world (including China) was $428.1 billion in April 2024.
Trade between the U.S. and China ticked up in April 2024 over March 2024's level, but not by enough to reverse its falling trend....
Diverging Trends In U.S. Trade With China And The Rest Of The World