Read the commentary, "Bilateral Trade Balances: Ignore Them," by
@kennedychina.bsky.social and
@chinaecon.csis.org, to understand the consequences of obsessing over trade deficits and what the US can do to deter China's anti-fair-trade practices.

Bilateral Trade Balances: Ignore Them | Trustee China Hand | CSIS
Scott Kennedy and Ryan Featherston discuss recent U.S. tariffs and how the problem with the Trump administration’s approach is not which formula they use, but their general allergy to bilateral trade…