Top 5 Reasons A Win-Win Relationship With China Benefits The US Economy

Goods exports to China grew at an average annual rate of 6.2% from 2009 to 2018, while services exports grew at a 15.2% annualized rate from 2008 to 2017. In recent years, American business have profited greatly from trading with China, however as a result of the trade war, goods exports to China contracted for the first time in a decade, falling by -7.4% from 2017 to 2018, according to the US-China Business Council.