Chinese Memory Modules Lose a Trade Battle, U.S. Still Losing the War — Panjiva


Chinese Memory Modules Lose a Trade Battle, U.S. Still Losing the War

China 1758 Info Tech - Tech Hardware 378 Tariffs 1169 U.S. 3297

Trade negotiations between the U.S. and China are set to continue from Feb. 11 ahead of a Mar. 1 deadline after which tariffs on Chinese exports will be increased. President Trump and President Xi are not due to meet before the deadline, though a deal is still possible. America’s hawkish stance won’t be lessened by the most recent data. U.S. imports of products from China where tariffs have been applied fell 3.9% year over year in November while Chinese imports from the U.S. slumped 42.1%. The net swing in dollar terms against the U.S. (lower exports less lower imports) was worth $3.37 b...

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