EconomyIs the US actually too chicken to take on China for trade?
The piece argues that Washington has not won its trade battle with China. Although direct imports have fallen, Chinese goods continue to reach the US through third countries, while an undervalued yuan sustains Beijing’s huge trade surplus. The White House’s AI effort to detect rerouted goods is unlikely to restore factory jobs or seriously weaken China’s exports.
Is the US actually too chicken to take on China for trade?
Economy