China's trade surplus approaches $1 trillion a year - friction with the next Trump administration inevitable

MSN - 11/11
China's trade surplus is expected to reach a record high this year. It is likely to worsen global trade imbalances and increase the risk of countermeasures by President-elect Trump.

(Bloomberg) -- China's trade surplus is expected to reach a record high this year. It is likely to worsen global trade imbalances and increase the risk of countermeasures by President-elect Trump.

According to estimates by Bloomberg, the difference between China's exports and imports is expected to reach nearly $1 trillion (approximately 154...
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