Markets Shouldn’t Overreact Even If There’s No China-US Trade Deal

u s imports and exports 2019

Since the Donald Trump’s administration took office in January 2017, the goods trade deficit with the rest of the world has subtracted $1.6 trillion from the U.S. economy. About half of that — $760 billion — was a net wealth transfer to China on goods trade, with assorted technologies and liberal access to U.S. markets.

Read moreMarkets Shouldn’t Overreact Even If There’s No China-US Trade Deal