TIL Desk/World/Washington/ As a result of their ongoing trade, China is no longer the top trading partner of the United States and has been replaced by America’s neighbours Mexico and Canada, according to a media report. In the first half of the year, Mexico was the top trading partner of the United States followed by Canada, the latest official data reveals.
As a result of the ongoing trade war between the US and China, imports from China to the US dropped by 12 per cent and America’s export to China fell by 19 per cent. After coming to power, Trump has imposed 25 per cent import tariff on Chinese products worth $ 250 billion.
Another 10 per cent tarrif on products worth $ 300 billion will come into effect on September 1. Trump has so far maintained that China has been unfair to the US. China has also taken several retaliatory steps.
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