Reposted 11/13/19 commentary/analysis article (link):
"US losses from Trump’s China trade war will never be recovered, shipping data tells us"
Brief excerpt:
"President Trump announced a month ago that his administration had clinched a “phase one” trade deal with China.
Since then, countless declarations of “winning,” but agreeing to a deal only “if the terms are right,” have added to the year and half long conflicting cacophony of rhetoric about the content of any trade agreement with China.
Bottom line? The constant bluster has blurred the reality of what a deal would even accomplish, if anything at all. The only way to shovel away the pile of broken promises and contradictory comments is to analyze the flow of maritime trade...."
Comment: Featuring another quotation from the story: "The flow of trade proves how China is moving away from the United States and turning to Europe."
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