RE: Tweet2 Aug 2022 18:15
For all his eagerness to unleash a trade war that was going be “easy” to win, Trump appears to have lost badly. A recent Bloomberg analysis unpacked how the U.S. trade deficit with China is currently larger than what it was in 2016, no matter Trump’s vow that he would rapidly reverse the imbalance. U.S. companies and consumers largely footed the bill for rounds of tariffs Trump slapped on Chinese goods.