US-China Trade Highlights: US imposes 104% tariffs on Chinese goods effective immediately; additional tariffs to be collected starting April 9: White House
Yes, the deficit means China has the greater risk. China pushing a tariff on the little they consume from the US means nothing, just because they buy so little.
Gives pick me energy and it’s the newest talking point and very annoying. Total exports as a percentage is 15% that china ships to the us.
A deficit doesn’t make it a bad thing. It means we are more of a consumer economy to focus on higher level of jobs.
Yes, the deficit means China has the greater risk. China pushing a tariff on the little they consume from the US means nothing, just because they buy so little.
Basic economics.