US-China trade war: Not the story Trump wants to tell

The US-China trade war: Not the story Trump wants to tell: Key data from the US-China trade war shows that, for all The Donald’s bluster about it being “a beautiful thing to watch,” the trade deficit continues widening … in China’s favor. China’s total surplus over the first seven months of 2019 alone was worth USD 168 bn, while in the first six months of the year, US exports to China slumped 21% (USD 33 bn), according to this FT video (watch, runtime: 2:08). Washington is preparing for a new round of negotiations in September, and this week delayed some of the new tariffs on Chinese goods by three months.