The trade relationship between the United States and China has been a major topic of discussion for decades. This is due to the fact that these two countries possess the largest economies in the world, with a combined GDP of $36 trillion as of 2020 (1). The scope and complexity of their bilateral economic ties are vast and go beyond just simple goods exports; they encompass areas such as investment, banking, technology transfer, agriculture, tourism and currency exchange.

In terms of total merchandise trade between them ,China remains single largest trading partner US . According data from Office Economic Co-operation Development 2019 ,US imported 517 billion dollars worth Chinese goods while exported 121 billion country same year This disparity can largely attributed differences production costs labor standards whereupon Chinese suppliers able offer cheaper prices American buyers

Additionally both countries have benefited greatly increased foreign direct investment over years . US companies take advantage low taxes subsidies provided government increase profits while China gains access advanced technologies enhance efficiency processes Thus this symbiotic relationship allowed maintain positive balance trade despite any disputes may arise