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You cannot complain about 'trade deficit' and proceed to implement policies which expands said deficit. China wants to buy American, but US export controls on
by hunglee2 1y ago
You cannot complain about 'trade deficit' and proceed to implement policies which expands said deficit.
China wants to buy American, but US export controls on the stuff they want to buy means they have go elsewhere or make their own. Meanwhile, US consumer goods remain in high demand - Apple, Tesla, McDonalds, Starbucks - are ubiquitous, though each now with strong domestic competitors.