5 months and US trade surplus-expected to 223 billion

NetEase finance July 13 Mar--United States Department of Commerce report, released today, the United States trade deficit may expand 4.8% to 423 billion hit in November 2008 the new high since, mainly because the United States economy to recover irritation on imported cars, computer and clothing needs. United States goods and services exports increased by 2.4% increase is less than the growth rate of imports 2.9%. Which the United States and China trade deficit widened to 223 million.

Calculation in accordance with the trade deficit in may, United States, of the trade deficit up to 4748 million, compared with last year's trade deficit 3749 billion 26.6%, last year the United States trade deficit is the lowest since 2001.

In may exports growth 2.4% to reach $ 1523, highest since September 2008. Although in may, soybean, wheat and other agricultural exports has declined, but United States automotive, industrial machinery, medical equipment and business aircraft exports are to achieve growth.

Imports growth 2.9% to reach $ 1945, highest since October 2008 the new high, automotive, computer, oil drilling equipment and industrial machinery and other fields, the biggest increase in import volume.

United States and the EU's trade deficit expanded 7.5% to 62 million, the United States from the European imports of goods and services value growth 3.2% on EU export growth 1.9%. Economists worried about the United States on European exports may be subject to European debt crisis of negative effects, on the one hand, the euro area's economic growth may slow down or even a relapse into crisis, on the other hand the euro vis-à-vis the dollar, but also weakened the United States in the euro area's competitiveness.

United States and China trade deficit widened to 223 million, a record high in October of last year, since the new than in April trade deficit increased 15.4%, compared to the same period last year increased 10.2%, China is the United States the biggest trade deficit countries.

Because the United States the unemployment rate remains high, with China trade deficit expanded so that the Obama administration and Congress faces increasing pressure. Last week the Obama administration in the international economic and exchange rate policies address not be classified as "currency manipulation of China". While the United States manufacturers claim RMB underestimated by 40%.