Stephanie Luce - But contrary to the high expectations that China's 1.2 billion...

But contrary to the high expectations that China's 1.2 billion population would provide an ever-expanding market for U.S. Goods,.. By 2000 the value of goods imported to the U.S. From China exceeded the value of U.S. Goods exported to China by a factor of more than six to one -- resulting in a bilateral trade deficit of 4 billion. Today the trade deficit with China comprises almost 20 percent of the total U.S. Trade deficit and is the largest trade deficit the U.S. Has with any single nation.