Two areas of potential exports that can be huge and are relatively uncontroversial are agricultural commodities and energy. Illustration: Craig Stephens
Trump should increase US exports to China, not launch a trade war
Lawrence J. Lau says Trump’s new tariffs may lead to a reduction in Chinese exports to the US, but the overall US trade deficit is unlikely to fall, and there’ll be no positive impact on its GDP or employment
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Trade
Two areas of potential exports that can be huge and are relatively uncontroversial are agricultural commodities and energy. Illustration: Craig Stephens