The U.S. Is at Risk of Losing a Trade War With China

The U.S. Is at Risk of Losing a Trade War With China
Mike Hutchings/Pool Photo via AP

The best outcome of President Donald Trump's narrow focus on the US trade deficit with China would be improvement in the bilateral balance, matched by an increase of an equal amount in the deficit with some other country (or countries). In fact, significantly reducing the bilateral trade deficit will prove difficult.

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