China Is Not Taking Advantage of the U.S.: A Look at the Trade Deficit

Jul 09 , 2019

The US should put the issue of trade deficits into perspective. It should not only emphasize deficits in trade in goods. Instead, it should take a comprehensive view of the reasons for trade deficits as well as its gains and losses. Its policies and measures must be taken on the basis of objective analysis. Simply levying tariffs will only be counterproductive.