That was in response to the Chinese government announcing 34% “retaliatory” tariffs on U.S. exports to China last week and vowing to “fight to the end.” I never thought I would write a sentence like this either. In the last couple of days, top spokespeople for the administration have suggested that the United States has a trade deficit with all the world’s nations. I wrote previously about the U.S. exports likely to be caught up in this game of “one-downmanship.” China, for example, is the majority buyer of U.S. soybeans and the largest buyer in the primary aircraft category.
Author: Ken Roberts, Contributor, Ken Roberts, Contributor https://www.forbes.com/sites/kenroberts/
Published at: 2025-04-08 22:10:06
Still want to read the full version? Full article
