April is only a little over a week old, but it has already become one of the most eventful weeks in history for US-China trade.
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The US trade deficit does not take into account intellectual property moving to China
On April 2nd China implemented tariffs on $3 billion of imports from the United States, in retaliation to the tariffs the US placed on imported steel and aluminum products at the end of March. These tariffs cover 128 product categories mostly comprising fresh fruit and nuts, pork, and steel, with roughly one-third subject to a...
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