Ouch: US Trade Deficit to China Rises 11.6 Percent in August

Posted: Oct 05, 2016 5:00 PM

China knows how to consistantly beat the United States when it comes to trade.  

Since the beginning of 2016 fiscal year, the U.S. started showing signs of life in terms of it's trade deficit to the socialist nation, but China stormed back with a fury in August, boosting their already massive lead by an extra 11.6 percent.

United States Census Bureau

Imports from China increased 9.5 percent and the trade deficit widened to $33.85 billion.

But have no fear Americans, with the combined intelligence of Paul Ryan and Barack Obama, the Trans-Pacific Partnership will be sure to flip the odds in favor of the United States.