China is reportedly considering restrictions on United States services exports in response to tariffs imposed by the US government.

This potential action could affect key sectors, including education, travel, and entertainment, which are significant components of the US-China trade relationship.

In 2023, the US recorded a US$32 billion services trade surplus with China, according to the US Bureau of Economic Analysis.

Major areas of US services exports to China include education, travel, intellectual property, and entertainment.

🔗 Source: Bloomberg