All quiet in the Eastern Front?
https://www.bloombergquint.com/china...-than-forecast
So basically....we're getting f'n chewed up and spit out? A near 30 billion deficit...in one month? We're getting our asses kicked!China’s monthly trade surplus with the U.S. rose to a record in June, underlining the imbalance at the heart of an escalating trade war between the world’s two largest economies.The trade surplus with the U.S. stood at $28.97 billion, the highest in any month in data back to 1999. Exports climbed to $42.62 billion, also a high, the customs administration said on Friday.
So....the US economy strengthens...and the Chinese economy cools...cools while running a yuge trade surplus with the US.While multiple factors will have influenced the data, including a rush by some manufacturers to sell goods before tariffs imposed this month hit, there’s little sign that the U.S. deficit with China will improve any time soon. As tax cuts fuel the U.S. expansion and a slowing Chinese economy may cool domestic demand, the almost-$340 billion annual gap will continue to provide the backdrop to the standoff.
We've got the cards....f'n play em. Why are we being beaten like an area rug?