High oil prices surging trade deficit with China that the U.S. trade deficit surges.

As oil prices hit a record and imports of crude oil consumption growth, despite the steady rise in exports, the U.S. April trade deficit widened more than expected margin is still, of which a substantial trade deficit with China increased by 4 billion dollars. .<P> Beginning of the second quarter, the U.S. trade deficit will expand 7.8%, which can not help but make people worry about the second quarter of trade on the U.S. gross domestic product (GDP) contribution rate will be less than satisfactory level. .Before that, the U.S. trade has been four consecutive quarters of boosting GDP, GDP growth in the first quarter of the contribution rate was 0.8 percentage points. .</ P> <P style=MARGIN: 0px align=center> imports caused by rising oil prices surge </ P> <P style=MARGIN: 0px> </ P> <P style=MARGIN: 0px> (http: ./ / finance.) 10, U.S. Department of Commerce announced in April the U.S. international trade deficit for goods and services 7.8%, to 60.9 billion, above Wall Street expectations. .Dow Jones Newswires survey of economists expect the U.S. April trade deficit of 600 billion U.S. dollars. .</ P> <P style=MARGIN: 0px> </ P> <P style=MARGIN: 0px> trade deficit widened largely due to imported oil price rose, the average price of crude oil in April than in March rose 6.96 per barrel $ 89.85 .dollars, to a record $ 96.81 a barrel. .U.S. April crude oil imports increased to 29.34 billion U.S. dollars, higher than March's $ 25,030,000,000. .April increased from 2.786 million barrels of crude oil imports increased to 3.031 million barrels. .</ P> <P style=MARGIN: 0px> </ P> <P style=MARGIN: 0px> 4 月 overall U.S. imports of goods and services rose 4.5% to a record 216.4 billion U.S. dollars recorded in 2002, 11 .the biggest monthly increase since January. .In addition to oil, automobiles and capital goods imports fell in March after a rebound. .</ P> <P style=MARGIN: 0px> </ P> <P style=MARGIN: 0px align=center> export performance </ P> <P style=MARGIN: 0px> </ P> <P style = .MARGIN: 0px> by the weaker dollar and major trading partners, driven by strong growth in U.S. exports increased 3.3% in April from March's $ 150,580,000,000 to $ 155,550,000,000, an increase of more than four months to the maximum. .</ P> <P style=MARGIN: 0px> </ P> <P style=MARGIN: 0px> National Association of Manufacturers (NAM), said Frank Vargo, vice president, commercial aircraft, farm machinery and other capital goods "were particularly .Well, over the same period the previous year increased by 15%. " .</ P> <P style=MARGIN: 0px> </ P> <P style=MARGIN: 0px> Chinese Ambassador to the World Trade Organization (WTO) Sun Zhenyu, said this week on behalf of a weaker dollar contributed to rising oil and food prices, the expense of development .countries, he urged the United States to act quickly to stabilize the dollar. .</ P> <P style=MARGIN: 0px> </ P> <P style=MARGIN: 0px align=center> trade deficit with China increased $ 400,000,000 </ P> <P> month, the U.S. trade deficit with China increased significantly .from March to 16.08 billion U.S. dollars to 20.24 billion U.S. dollars to expand, the U.S. trade deficit with China is still the largest amount of state. .U.S. imports from China in April of 259 billion of products, mainly sports equipment, toys, clothing, and so light industrial products, an increase of 35 billion U.S. dollars. .While China is imported to the United States worth 5.7 billion U.S. dollars, the bulk of agricultural products to soybeans. .The expansion of trade deficit, China's output is likely to put pressure on China-US trade friction as a bargaining chip when the United States. .</ P> <P style=MARGIN: 0px> While the United States is the world's largest consumer market, but profits are quite weak, the majority of Chinese exporters have the "puerile" mentality operating U.S. market share in the market .the case of very high can only make a profit. .Movements in the dollar remains weak yuan to continue rising in the circumstances, the future of Chinese manufacturers will be increasingly difficult for U.S. business. .</ P>.