China's trade surplus with the United States surged 19.4 per cent on-year in the first quarter, data showed today, as trade tensions between the world's two largest economies simmer.
The surplus reached USD 58 billion in January-March, customs bureau spokesman Huang Songping said at a briefing in Beijing. Exports to the US rose 14.8 per cent on-year, while imports grew 8.9 per cent.