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China should quickly get out of its huge US trade problem

2019-03-19 09:32:24       source:CNBC

March 18, 2019

  

Beijing’s incantations about “win-win cooperation” and its alleged search of a harmonious “great power relationship” ring hollow when confronted with an unwisely excessive and systematic trade surplus China maintains with the United States.

 

All that talk is blatantly at odds with China’s $794.4 billion trade surplus on its U.S. goods trade since the current administration took the helm in Washington in January 2017.

 

One can also be forgiven for taking that as a brazen provocation of an American government pledging to stop the accelerating growth of its foreign debt, and to protect the little employment that remains in America’s devastated import-competing manufacturing industries.


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https://www.cnbc.com/2019/03/18/china-should-quickly-get-out-of-its-huge-us-trade-problem-commentary.html