Question
Pres. Trump made it a priority to reduce the US trade deficit with China and even started a trade war to do it. This had
Pres. Trump made it a priority to reduce the US trade deficit with China and even started a trade war to do it. This had mixed results. Many US industries, including farmers, took a serious economic hit. Trade deals and modifications of existing deals had modest results at best, including some very limited increase in US exports to China. The goal of relocating manufacturing back to the US is problematic at best.
The video below explains why identifying what is "made in China" is difficult. It also shows why US and foreign companies such as Apple are closely intertwined.
Given these complex relationships, what do you think the economic impact will be if we go further to reduce the level of imports from China? How might this impact US workers and consumers?
LINK VIDEO: https://www.youtube.com/watch?v=oU5JAavtB2k
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