Sign in

The U.S. and China Are Still in a Trade War. Here’s How Much Business They Do

China, the third-largest supplier of U.S. goods, represents 13.3% of total U.S. imports.

Published on: Apr 10, 2025, 10:19:39 IST
WSJ
Share
Share via
  • facebook
  • twitter
  • linkedin
  • whatsapp
Copy link
  • copy link

President Trump on Wednesday gave the rest of the world a partial reprieve on tariffs but raised import duties to 125% on China, all but closing the U.S. to its third-largest supplier of goods.

The U.S. and China Are Still in a Trade War. Here’s How Much Business They Do
The U.S. and China Are Still in a Trade War. Here’s How Much Business They Do

Here’s a look at U.S. imports from China by size and categories.

The U.S. imported $438.9 billion worth of goods from China in 2024, according to the Census Bureau.

In total, the U.S. bought $3.3 trillion worth of goods from countries around the world in 2024. Goods from China represented 13.3% of total U.S. imports, making China the third-largest supplier of goods to the U.S.

Products such as smartphones, computers, toys and videogame consoles accounted for 55.5% of U.S. imports from China.

U.S. exports to China totaled $143.5 billion in 2024. The U.S. trade deficit with China was $295.4 billion in 2024, up 6% from 2023. The U.S.-China trade deficit expanded rapidly since 2000. After peaking in 2018, the deficit has declined moderately because of shifted trade policies and the pandemic disruptions.

China is the fourth-largest trading partner of the U.S., with total trade between the countries reaching $582.5 billion in 2024.

Write to Shen Lu at shen.lu@wsj.com, Alana Pipe at alana.pipe@wsj.com and Ming Li at ming.li@wsj.com

Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.