📈 Monday data: Who won the trade war?
Trump’s first major tariffs were introduced in January 2018 – a (very) long eight years ago.
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Key points
- In the AI Investment Brief today: Early AI adopters report gains, plus CoreWeave's bond woes
- The aims were multiple: to reduce the bilateral deficit (which in 2017 stood at 375 billion dollars with China, nearly half of America’s goods deficit of $792 billion), target intellectual property theft and counter Chinese policies that favored domestic companies; and improve the US leverage by reducing its dependency on China.
- Today’s Monday Data looks at what eight years of tariffs have really achieved.
- Chinese imports have dropped, but China’s supply-chain impact remains strong.
Sources (1)
- [1]📈 Monday data: Who won the trade war?Exponential View (Azeem Azhar) · Oct 19, 01:31 PM
Trump’s first major tariffs were introduced in January 2018 – a (very) long eight years ago.
In the AI Investment Brief today: Early AI adopters report gains, plus CoreWeave's bond woes
Extractive summary: sentences quoted from the sources.
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