Posts Tagged ‘trade war’

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The US - China Trade War Explained in One Minute: Causes/Reasons, United States Tariffs

China is the leading trading partner of the US today. Nearly $747 billion worth of goods and services exchanged between each other. This statistics is based from the Office of the United States Trade Representative. The exports from China is about $550 billion worth of goods. However, it is only $179 billion from the US. So, this is seen as a trade imbalance as US imports more from China. […]