U.S.-China Trade Issues (CRS Report for Congress)
| Release Date |
Revised June 23, 2019 |
| Report Number |
IF10030 |
| Report Type |
In Focus |
| Authors |
Wayne M. Morrison |
| Source Agency |
Congressional Research Service |
| Older Revisions |
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Summary:
The U.S.-China trade and economic relationship has expanded significantly over the past three decades. China is currently the United States’ third largest export market and biggest source of imports, making it the second largest overall U.S. trading partner. In 2014, U.S. exports to, and imports from, China were $124 billion and $467 billion, respectively. China also is the largest foreign holder of U.S. Treasury securities (at $1.24 trillion as of July 2015), which helps keep U.S. interest rates low. However, tension between the two countries has risen in recent years over a number of issues.
