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The US-China trade deficit increased.

Diversity is the key to economic and political evolution.
by Cat on Wed Nov 7th, 2018 at 10:45:14 PM EST
[ Parent ]
That result was largely due to businesses ordering all that they can before the tariffs took effect. That front loaded the trade relationship numbers for the next decade or so. So US businesses had better start seeking import substitutions. At least we might be able to open some of our rare earth mines, seeing that as now being cheaper than buying from China.


"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Nov 8th, 2018 at 04:37:56 PM EST
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