As Xi meets Trump, questions remain over who is winning their trade war
Despite years of tariffs under Trump's trade war, the US deficit has not narrowed, while China has continued to post a trade surplus.
As Chinese President Xi Jinping meets US President Donald Trump, questions remain over which side has gained the upper hand in their prolonged trade war, according to a report by Al Jazeera.
The report notes that the trade war has been a central feature of Trump's presidency, yet it has not led to a reduction in the US trade deficit.
Meanwhile, China has continued to record a trade surplus during the same period, according to the report.
The competing outcomes highlight the complexity of the economic relationship between the two countries, even as tariffs and trade measures have reshaped aspects of global commerce.
Sources
- As Xi meets Trump, who’s winning their trade war? — Al Jazeera — All
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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