The U.S. trade deficit exploded in 2018 as total trade hit a record $4 trillion
In 2018, the trade records came tumbling down, including the highest-ever imports from China, though President Trump's trade war did seem to put a damper on U.S. exports to China.
U.S. exports totaled $1.66 trillion while imports topped $2.54 trillion, both surpassing records set in 2014. Also worth noting: For the second straight year, the United States imported $500 billion in merchandise from China. The record that looked like it would tumble but didn't was the record for the most trade between two countries. U.S.-China trade in 2018 totaled $659.84 billion, $2.26 billion shy of the 2014 U.S.-Canada record. The difference? U.S. exports to China fell $4.46 billion in December alone, a 32.7% decrease.
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