US President Donald Trump's much-touted hefty tariffs on Chinese imports are yet to have a negative effect as the Communist nation's trade surplus with America ballooned to a record high of USD 34.1 billion in September, latest official data showed Friday.
Trump has been steadily hiking tariffs on Chinese exports to the US since June demanding Beijing to bring down the trade deficit amounting to USD 375 billion.
The US escalated the trade war in September by imposing 10 per cent tariffs on USD 200 billion worth of Chinese goods being imported.
Trump threatened to impose tariffs on another USD 267 billion worth of products virtually covering almost all Chinese exports to the US totalling about USD 522.9 billion
Disclaimer: No Business Standard Journalist was involved in creation of this content