Well we are getting our clocks cleaned, right now.
Big time.
Depends on what you mean by getting our clocks cleaned, and really depends on what you mean by “we” - you seem to have this simplistic childish sophomoric view that there’s China as one big entity and America as another. That’s not how it is.
Yes, on the surface, taking the two countries as just two entities, the trade numbers look bad. But the assumption that every dollar in trade deficit means a job is lost is just economically idiotic. For example, BMW and Hyundai and other companies import a LOT of stuff....causing trade deficits...but they use that stuff to employ AMERICAN WORKERS in AMERICAN FACTORIES to build cars.
Why? Because in non union, ie non LIBERAL states, it’s better to manufacture HERE then overseas. And yet, regardless of the million times I point this out to you, your brain remains closed and unable to compute. DUH!
China has a lot more internal problems than we do...A LOT. But it is our internal problems that allows China to run this surplus. And you say, but but but it’s the trade deal....that’s only part of it. With the cost of energy and transportation across the damned globe, if we exported our liberalism it wouldn’t matter a single bit what China did.
And no, Donald Trump can’t magically go in and negotiate all these problems away, especially since he’s ignorant of many and complicit in some of these problems himself.