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China’s trade surplus with the United States in October is $ 40.75 billion, according to Reuters

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© Reuters. PHOTO PHOTO: U.S. and Chinese flags fly from a streetlight in Chinatown, Boston (Massachusetts, USA) on November 1, 2021. REUTERS / Brian Snyder

BEIJING (Reuters) – China’s trade surplus with the United States was $ 40.75 billion in October, Reuters estimates based on customs data showed on Sunday, less than $ 42 billion in September.

In the first ten months of the year, the surplus was $ 320.67 billion.

In early October, U.S. Trade Representative Katherine Tai pledged to exclude some Chinese imports from tariffs while pressuring Beijing for failing to fulfill some of the promises made in the “Phase 1” trade deal under the Trump administration.

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