As Trump heads to China, don’t expect major announcements on trade

China‚Äôs strategy will be to roll out the red carpet for President Trump and to show him great respect, while offering little or nothing in the trade arena. Economists generally do not care about bilateral imbalances, but Trump has made a big deal of the U.S. bilateral deficit with China. The deficit has grown 6 … Continue reading As Trump heads to China, don’t expect major announcements on trade