Tag Archives: Trade Deficit

UPDATE: March 22nd, 2018: President Trump Proposes $50 Billion in Tariffs on China

Top 10 U.S. trading partners for goods ($billions), year-to-date 2017

With the United States pulling back into an isolationist and protectionist stance and China extending its reach as a new global economic leader, who will come out ahead on the balance sheet as these two giant trading partners adjust their positions?

“The eyes of the world are turning to the East. A historic opportunity has opened up a vast strategic space for us to gain superiority. The drawbacks of capitalism have provided China with its chance to ride to the world’s rescue. China offers a completely new option for solving the common problems of humankind. This new option is called, The China Solution.” {Front page editorial Jan. 15 People’s Daily}

Continue reading UPDATE: March 22nd, 2018: President Trump Proposes $50 Billion in Tariffs on China