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617 forecasters
What will be the US goods trade balance with China in December 2025?
Years when December was more negative than October
2in40
Total Chinese exports to US declined 30% YoY in Dec
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Reporting discrepancy 1.2-1.5x impacts forecast
Increases Uncertainty
Four decreases in a row since the correction after Trump's enormous tariffs in June
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Nov-Dec correlation stronger than Oct-Dec
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China purchased $4.8B of US soybeans in November, December 2025
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Seasonal trend suggests December improvement
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