Why American firms and households needChina
Bilateral trade statistics tell only part of the story of theChinese market’s importance to the US economy. In particular, theavailability of cheap imported goods from China lowers prices notonly for US consumers, especially low- and middle-income families,but also for US businesses, supporting job creation. NEW YORK –China will benefit from a normalization of its trade relationshipwith the United States, but it is important to realize that thesame holds true for the US. When the US tech giant Apple recentlyslashed its sales forecast, CEO Tim Cook pointed to declining salesin China – where US President Donald
OR
PayPal Gateway not configured
OR
PayPal Gateway not configured