US trade deficit with China grew to 27.6Bln in April

Commerce Department explained that year-over-year the US deficit grew by 13.8 percent.
"The US goods and services deficit with China increased 5.4 percent from the fourth quarter of 2016 to the first quarter of 2017 growing from $77.714 billion to $81.901 billion," the release noted.
US Secretary of Commerce Wilbur Ross said it was too soon for the numbers to reflect the recent trade deal with China.
On July 16, China should open its market to US beef, liquefied natural gas and other products, Ross noted.