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The US Trade Deficit With China Returned to Normal in 2019

By Kevin Drum Jan 14, 2020, 10:44 am160 pts
The Wall Street Journal, based on data from China, reports that the US trade deficit with China declined substantially in 2019. And that’s true. But it’s worth noting the trendline during the eight years since the end of the Great Recession: The thing to notice here is not that 2019 was way…

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