By Felix Richter of Statistia The US trade deficit in goods trade with China narrowed to its lowest level since 2010 last year, as imports from China fell by more than $100bn compared to the previous year. In fact, imports from the world’s largest exporter were even lower than in 2020, when imports from China had fallen to $432bn amid an ongoing trade war between the two countries and disruptions caused by the Covid-19 pandemic, Statista reports. According to the US Census Bureau, the deficit with China decreased more than 25% to $279bn in 2023, as tensions – both economic and political – betw…