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How China Won Trump’s Trade War and Got Americans to Foot the Bill

  • Chinese trade surplus, exports rose despite Trump’s rhetoric
  • Biden administration likely to favor technology controls
Bloomberg business news
Pompeo: Trump Administration 'Not Finished Yet' on China
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U.S. President Donald Trump famously tweeted that “trade wars are good, and easy to win” in 2018 as he began to impose tariffs on about $360 billion of imports from China. Turns out he was wrong on both counts.