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    th China was $201 billion or 28% of America’s total deficit of
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    The 2005 trade numbers released last Friday are sure to get the China trade hawks riled up. But if you look behind the numbers, the trade imbalance with Japan is likely larger than China.

    According to the trade statistics, the trade deficit with China was $201 billion or 28% of America’s total deficit of

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    e China trade hawks riled up. But if you look behind the numbers, the trade imbalance with Japan is likely larger than China.

    According to the trade statistics, the trade deficit with China was $201 billion or 28% of America’s total deficit of

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    rs, the trade imbalance with Japan is likely larger than China.

    According to the trade statistics, the trade deficit with China was $201 billion or 28% of America’s total deficit of

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    According to the trade statistics, the trade deficit with China was $201 billion or 28% of America’s total deficit of

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    th China was $201 billion or 28% of America’s total deficit of $726 billion. No doubt these trade numbers capture only a portion of the value traded between countries but nevertheless are rough barometers of trade.

    Our 2005 trade deficit in petroleum products was an even larger $210 billion but the China

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