China remained the third-largest goods export market for the US in 2024, a report by the US-China Business Council said.
US goods exports to China contracted by 2.8 per cent in 2024 despite global exports expanding slightly, it said.
Stunted economic growth and consumer demand in China, shifting import patterns in China, and trade barriers, such as tariffs, continue to weigh on bilateral trade.
US goods exports to China contracted by 2.8 per cent in 2024 despite global exports expanding slightly, it said.
Stunted economic growth and consumer demand in China, shifting import patterns in China, and trade barriers, such as tariffs, continue to weigh on bilateral trade.
