15 November 2016, 17:04 GMT
WASHINGTON (Sputnik) — "In the first eight months of 2016, the US goods deficit with China fell 5.7 percent year-on-year to $225.2 billion due to weaker imports," the 2016 report to Congress stated on Wednesday.
The Commission noted that the US deficit with China with regard to advanced technology has dropped to $120.7 billion or $3 billion less than the 2014 levels.
The report said the United States also has a surplus with China in services, which totaled $29.5 billion in 2015.
"China continues to stall on liberalizing key sectors in which the United States is competitive globally, such as services," the commission claimed.
US President-elect Donald Trump has previously stated that his administration would impose tariffs on imports from China to address the existing trade deficit.
