The other side for trade

The world of global trade is more complex than imaged.

Often written about on the news is the trade deficit with China. However, the US does TRADE with China. This means the US also sells goods and services to China as well as buys goods and services. Rarely do both sides gain from a trade dispute between large economic entities.

The White House recently announced that it would be providing an additional $16 billion in aid to American farmers affected by the trade war between the U.S. and China.

But the problem for American farmers has becomes bigger than something a bailout can fix.

https://finance.yahoo.com/news/trade-war-farmers-trump-markets-154935903.html

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Author: JavaExchange

Learner, Scholar, Economists

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