The financial pundits are putting their customary spin on it, but overall as the reciprocal tariffs begin, things are going well. China’s trade surplus with the US declined to USD 23.74 billion in July, down from USD 26.57 billion in June, as both exports and imports with the US declined, falling 21.7% and 18.9%, respectively. […]
The post Reciprocal Tariffs Begin, Switzerland Leaves DC Empty Handed, German and China Trade Surplus with USA Declines appeared first on The Last Refuge.