China at a disadvantage in trade war
NY Times:
Because the US buys significantly more from China than China buys from the US, it has more to lose in a trade war with the US. Trump's goals are also more realistic. He is looking to break down barriers to trade and reduce tariffs on US businesses. While the media tends to focus on the tariffs Trump is imposing, the end goal is to eliminate tariffs on both sides and have genuine free trade to should benefit both countries.U.S. and China Expand Trade War as Beijing Matches Trump’s Tariffs
The tariffs on China by the Trump administration shift what has primarily been a war of words between Washington and Beijing into a full-blown trade war.
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