LogFAQs > #956792881

Fun fact: trade with U.S. and China is booming so hard right now that the pandemic and Trump's trade war had zero effect:

https://www.bloomberg.com/news/articles/2021-07-22/u-s-china-goods-trade-booms-as-if-virus-tariffs-never-happened

China and the U.S. are shipping goods to each other at the briskest pace in years, making the worlds largest bilateral trade relationship look as if the protracted tariff war and pandemic never happened.

Eighteen months after the Trump administration signed the trade deal, the agreement has turned out to be a truce at best. The U.S. trade deficit hasnt shrunk, most levies are still in place, and it hasnt led to negotiations over other economic issues.

And yet, bilateral trade in goods is an area of stability in a relationship that has otherwise continued to deteriorate, with rising tension over Hong Kong, Taiwan, human rights, the origins of the Covid-19 pandemic, accusations of computer hacking and many other flashpoints.

---

I am Iron Man