Trump Advisor Admits Trade War Against China Failed

Trump’s tariffs—in addition to those since imposed by President Joe Biden—continue to raise prices for Americans. In fact, promising great economic results and not achieving them is key to Trump’s record: After announcing the $200 billion deal in the first place, he tweeted that “it will bring both the USA & China closer together in so many other ways.” And of course, Trump’s anti-trade rhetoric was based on the trade deficit between the U.S. and China, which increased as a result of his policies.

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