China’s Economy Grows, And Its Trade Gap With The U.S. Widens

Stephen Stanley, chief economist at Amherst Pierpont Securities, suggested that the trade gap climbed so quickly because importers were rushing to bring their goods into the United States before a planned expansion of tariffs on Chinese products on Jan. 1. But the tariff hikes have since been postponed as the administration has cited progress in trade talks with China.

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