The US$1.9 trillion American Rescue Plan is poised to attract more Chinese imports. Photo: Reuters The US$1.9 trillion American Rescue Plan is poised to attract more Chinese imports. Photo: Reuters
The US$1.9 trillion American Rescue Plan is poised to attract more Chinese imports. Photo: Reuters
China trade

American Rescue Plan: US stimulus seen widening trade deficit that sparked Trump’s trade war with China

  • Higher US interest rates and widening trade imbalance with China said to be side effects of President Joe Biden’s US$1.9 trillion American Rescue Plan
  • With bilateral relations already at their lowest point in decades, a rising trade deficit could add fuel to the fire

Topic |   China trade
The US$1.9 trillion American Rescue Plan is poised to attract more Chinese imports. Photo: Reuters The US$1.9 trillion American Rescue Plan is poised to attract more Chinese imports. Photo: Reuters
The US$1.9 trillion American Rescue Plan is poised to attract more Chinese imports. Photo: Reuters
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