Keyword: “Attentional Narrowing” 1 related articles found
Uschina Trade Deficit Hits 21year Low Amid Trade Tensions

Finance · 08/06/2025

Uschina Trade Deficit Hits 21year Low Amid Trade Tensions

The US trade deficit narrowed significantly in June, with the trade deficit with China hitting a 21-year low. High tariffs have led to a sharp decline in Chinese exports to the US. US-China trade negotiations are ongoing, and the future remains uncertain. It is worth noting whether the narrowing trade deficit is a short-term effect or a long-term trend. The decrease in the trade deficit with China is largely attributed to reduced imports from China due to the imposed tariffs.