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China U.S. Trade, from $ 2.3 billion in the establishment of diplomatic relations in the 1970s, developed into the now more than 1470 billion dollars (U.S. statistics), the two countries become each other the most important trading partners one.
U.S. Trade Office statistics show that China has become the world’s largest exporter, the second largest importer.
More than two years ago, in June 2009, the U.S. International Trade Commission to make recommendations on Chinese exports to the U.S. passenger car and light truck tires, for three consecutive years, respectively, to levy 55%, 45% and 35% from The price of special tariffs. In September 2009, the proposal by U.S. President Barack Obama approved. Final punitive tariff rate for the first year of 35% and 30% in the second year, 25 percent in the third year.
China and American trade
In 2011, China’s trade surplus reached $ 151.1 billion, a contraction of 15.5 percent, has been continuous decline in growth, the proportion of China’s GDP increased by 3.1%, down to about 2%
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