U.S.-China Trade Reporting Discrepancy Swing…

Over the last decade, China has regularly reported over $50 billion less in exports to the U.S. than what the U.S. reports as imports from China each year. While that gap has steadily decreased, in 2020, China actually started reporting more than what the U.S. did for the first time according to numbers from the U.S. Census, China's General Administration of Customs, and United Nations Comtrade data.

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