U.S.-China Trade Plummets From 18% To 6%: Trump Tariffs Or Trickery?
1. China's trade share with the U.S. drops to 5.89%, a 23-year low. 2. U.S.-China trade deficit falls but overall trade deficit continues to rise. 3. Import relationships shift, with Mexico and Canada surpassing China in trade volume. 4. U.S. exports to China and imports from China have significantly decreased. 5. Relations with allies strained due to intensified tariffs on numerous countries.