Last year America bought 466 billion dollars worth of goods from China.
Last year China bought 124 billion dollars worth of goods from America.
It’s even worse, thus far this year.
How much did that add to our national debt? LOL
I’ve been reading recently that Mexico is now able to undercut China on auto parts production. That’s exactly the opposite of 15 years ago.
It will be interesting to see how this plays out going forward.