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January 17, 2022

U.S. Voters

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Trump’s China Buying Spree Unlikely to Cover Trade War Costs

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Trump’s China Buying Spree Unlikely to Cover Trade War Costs

Dec.18 — President Donald Trump is heading into an election year touting a trade deal that promises to double U.S. exports to China, which he says has pledged a $200 billion, two-year spending spree on everything from airplanes to pork chops and chicken feet. Yet the inescapable reality is that even this extraordinary splurge — if it happens — may not make up the economic cost of the trade war it seeks to defuse. Shawn Donnan reports on "Bloomberg Daybreak: Australia."

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