The rise in Chinese imports into the US continues on, Trump tariffs or not.

The US trade deficit in goods with China came in at a whopping $43.1 billion dollars in October, up 7.1% from the September number, despite 10% tariffs on Chinese-made goods that tally up to some $200 billion in imports to the US per year. That according to the usual data from the Census Bureau.

That US trade deficit with China is on pace to set yet another record this year, as it almost always does, and by a wide margin.

But nothing new with that story. As seen in the graphic below, since 2000 Chinese exports to the US have risen incredibly from just a couple of billion dollars per month in 1999 to now more than $50 billion per month, seen for the first time the past two months.

US exports to China have also risen over the same time period - though nowhere near 20-fold.

Hence the huge and ever-rising trade deficit. And nothing seems likely to change that.

Any Feedback on our Supply Chain Graphic of the Week? Let us know your thoughts at the Feedback section below.

Your Comments/Feedback