Part 5/9:
Central to the ongoing tensions is the substantial trade imbalance between the US and China. The US’s deficit with China amounts to nearly $300 billion, illustrating that America imports far more from China than it exports—a situation that significantly sways the context for tariff discussions.
China's control over its economy has often been viewed unfavorably, as the country utilizes state-led practices that undercut fair market trends, contributing to its status as a net exporter. Critics charge that these tactics have disadvantaged numerous trading partners and reaffirm a sentiment that the US has much to lose if trade relations sour.