[Well, there were articles out the other day saying Chinas trade surplus with the United States was bigger than ever. So if China is losing the trade war, I guess we losing it more.]
The liberal media and diehard conservative free traders are talking up the trade deficits out of a combo of ignorance and/or deceit. This ain’t rocket science. When 25% tariffs kick in, Chinese exports to the US will go down significantly. Chinese costs are already significantly higher than places like Vietnam, Cambodia, Thailand, Malaysia and Indonesia. Throw in copyright and patent issues, and the average American manufacturer whose principal market is stateside (like Black and Decker, Fuller, etc) has a pretty good case for relocating to China’s neighbors.
All roads lead to China regardless of what their numbers currently are saying or say in the future...........just as all power will rest in Europe as things progress.
Trump meanwhile is fighting to stop the destruction of our country which the Elite Globalists have every intention of making this into a country full of S. Americans.,.....and deprive our nation of it’s leadership on the world stage.
They will stop at nothing.