Economics

How China Won Trump’s Trade War and Got Americans to Foot the Bill

Chinese trade surplus, exports rose despite Trump’s rhetoric
Biden administration likely to favor technology controls

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Pompeo: Trump Administration 'Not Finished Yet' on China

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By Bloomberg News

January 11, 2021 at 9:00 PM UTC

Updated on

January 12, 2021 at 1:35 PM UTC

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U.S. President Donald Trump famously tweeted that “trade wars are good, and easy to win” in 2018 as he began to impose tariffs on about $360 billion of imports from China. Turns out he was wrong on both counts.

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Before it’s here, it’s on the Bloomberg Terminal

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