US Imports from China Grows by 126% to $292 Billion Amid Pandemic

Submitted by Business Link Web on Mon, 12/07/2020 - 14:00

Data presented by Bankr indicates the United States imports from China have grown by 126.29% to $292.64 billion between March October 2020. In March, the coronavirus was declared a pandemic.

US dependant on China's low-cost goods 

As of October, the value of imports stood at $44.83 billion, the highest figure during the review period. In September, the value stood at $41.21 billion, a growth of 0.9% from Augusts' $40.82 billion.