The Wall Street JournalThe Wall Street Journal

U.S.-China tensions are high. So is commerce between the nations

By Yuka Hayashi and Anthony DeBarros

09 Feb 2023 · 4 min read

Despite U.S. efforts to decouple the American economy from China, commerce between the two global rivals expanded last year and is close to a record high. The WSJ has the details.

Curated by informed

WASHINGTON—U.S. commerce with China is on the rise, despite escalating national-security tensions over matters such as last week’s downing of a suspected Chinese surveillance balloon.

U.S. imports of goods from China totaled $536.8 billion in 2022, a 6.3% increase from the prior year and close to the record $538.5 billion reached in 2018, the Commerce Department said earlier this week. U.S. exports to China grew 1.6% to $153.8 billion last year, pushing the total commerce between the two countries to a record $690.6 billion. The figures aren’t adjusted for inflation.

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