As Xi meets Trump, who’s winning their trade war?
AI Summary
The ongoing trade war between the United States and China is analyzed in terms of impact, with the US failing to significantly reduce its deficits while China has maintained a trade surplus. The dispute remains central to US-China economic relations.
Trade war has been central to Trump's presidency, but it didn't slash US deficits. Meanwhile, China recorded a surplus.
World Politics Markets Commodities trade war US-China relations trade deficits China surplus economic policy