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?? Stat du jour: U.S.–China breakup


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Illustration of a shipment container being held up by a frayed rope.
 

Illustration: Aïda Amer/Axios

 

The U.S.'s trade ties with China are fraying amid deepening conflict between the world's two biggest economies, The Wall Street Journal reports.

  • Chinese goods made up 13% of U.S. imports during the first six months of this year — the lowest level since 2003. The peak was nearly 22% in 2017.

U.S. buyers are sourcing goods ranging from clothes to computer chips from Mexico, Europe and other parts of Asia instead of China, The Journal notes.

phkrause

When the righteous are in authority, the people rejoice; But when a wicked man rules, the people groan. Proverbs 29;2

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