Trump’s trade war with China backfiring spectacularly
It started out as leverage over China to adjust for unfair currency manipulation and trade imbalance. Although the US president would like to think things are ok with China, it isn't.
Domestic impact and China's strategy, which includes finding new trading partners to replace US lost sales, is making up for any shortfalls in its revenues. Now it has turned into a series of economic blunders hurting the economy and its citizens.
Trump's tariff war against China has backfired tremendously, hurting ordinary Americans, with China riding on top.
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