The U.S. government reported that although the overall U.S. trade deficit fell from USD758.5 billion in 2006 to USD711.6 billion in 2007, the U.S. trade deficit with China spiked to USD256.2 billion in 2007, smashing the previous year's record of USD232.5 billion. For manufactured goods, the U.S. trade deficit was USD499 billion in 2007, dropping slightly from the 2006 total of USD526 billion. Although data detailing the U.S. trade deficit with China for those products has yet to come out, it will probably exceed USD250 billion.
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