President Trump ignited the fire of the trade war between China and the United States as he criticized China of not buying the US products. The problem is… the US does not produce what China needs. On the other hand, China is a net importer (i.e., they import more than export) for Japan, South Korea and Germany as these countries maintain industrial and engineering edges over China.
Share this post
There's Something about Mittelstand
Share this post
President Trump ignited the fire of the trade war between China and the United States as he criticized China of not buying the US products. The problem is… the US does not produce what China needs. On the other hand, China is a net importer (i.e., they import more than export) for Japan, South Korea and Germany as these countries maintain industrial and engineering edges over China.