The United States ran a $161,025,400,000 merchandise trade deficit with China through the first six months of 2016 (Janaury through June), according to data released today by the U.S. Census Bureau today.
That deficit with China was by far the largest the U.S. accumulated with any country in the first half of the year.
According to the Census Bureau, the second largest merchandise trade deficit in the first six months of 2016 was with Japan ($33,699,300,000), the third largest was with Germany ($32,459,900,000), the fourth largest was with Mexico ($31,571,300,000) and the fifth largest was with Ireland ($16,868,100,000).
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