October 12, 2018 / 3:18 AM / 2 months ago

China's September trade surplus with U.S. widens to record $34.13 billion

FILE PHOTO: A container truck moves past containers at the Yangshan Deep Water Port in Shanghai, China April 24, 2018. REUTERS/Aly Song/File Photo

BEIJING (Reuters) - China’s trade surplus with the United States surged to a record high of $34.13 billion (£25.78 billion) in September, compared with $31.05 billion in August, Chinese customs data showed on Friday.

The September surplus with the U.S. was larger than China’s overall trade surplus of $31.69 billion for the month.

For January-September, China’s trade surplus with the United States was $225.79 billion, compared with about $196.01 billion in the same period last year.

China’s large trade surplus with the United States has long been a sore point with Washington and is at the centre of an increasing bitter dispute between the world’s two biggest economies.

The United States and China imposed new tit-for-tat tariffs against each other’s goods in late September, the latest escalation in a heated trade war between them.

Reporting by Beijing Monitoring Desk; Editing by Richard Borsuk

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