The United States ran a merchandise trade deficit of $200,096,600,000 with the People’s Republic of China in the first six months of this year, according to data released today by the Census Bureau.
That was the largest trade deficit that the United States ran with any country in the January-through-June period.
The second largest trade deficit the United States ran in the first half of this year was with Mexico. But that bilateral trade deficit was $63,444,700,000—less than one-third the size of the $200,096,600,000 trade deficit with China.
The third largest merchandise trade deficit the United States ran in the first half of this year was with Vietnam ($57,808,200,000); the fourth largest was with Canada ($46,166,400,000); and the fifth largest was with Japan ($33,673.600,000).