China-U.S. Trade Issues.pdfVIP

CRS Report for Congress Prepared for Members and Committees of Congress China-U.S. Trade Issues Wayne M. Morrison Specialist in Asian Trade and Finance December 27, 2010 Congressional Research Service 7-5700 RL33536 China-U.S. Trade Issues Congressional Research Service Summary U.S.-China economic ties have expanded substantially over the past three decades. Total U.S.- China trade rose from $2 billion in 1979 to an estimated $459 billion in 2010. China is currently the second-largest U.S. trading partner, its third-largest export market, and its biggest source of im