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US-China trade deal

2022-02-14 17:30:48.719811+01 by Dan Lyke 0 comments

Anti-news: Washington Post — Opinion: Confirmed: Trump’s big U.S.-China trade deal was a flop

The purchases of U.S. exports that China did make in the past two years barely got back to the amount China was purchasing in 2017 — before Mr. Trump started his trade war, according to calculations by Chad P. Bown of the Peterson Institute for International Economics. U.S. exporters will never get back the sales they lost, and few have seen any meaningful growth in their sales to China under the “deal.” “The only undisputed ‘historical’ aspect of that agreement is its failure,” said Mr. Bown.

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