China’s surplus trade amounting to $25.2 billion with the United States in July declined from $25.4 billion in June, the highest recorded level since October 2015 stated from customs data on Tuesday. In the seventh month of the year, there is an aggregated $142.75 billion trade surplus with the U.S. The United States is trying to resolve on its response to China’s unfair trade procedures as it is close to a decision. America intends to set up an inquiry regarding Beijing’s trade execution as well as its intellectual property.
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