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U.S-China trade is huge
Anshu Siripurapu and Noah Berman ’24, May 14, “The Contentious U.S.-China Trade Relationship,” COUNCIL ON FOREIGN RELATIONS, accessed July 18, 2024, https://www.cfr.org/backgrounder/contentious-us-china-trade-relationship
U.S. trade with China has grown enormously in recent decades and is crucial for both countries. Today, China is one of the largest export markets for U.S. goods and services, and the United States is the top export market for China. This trade has brought lower prices to U.S. consumers and higher profits for American corporations, but it has also come with costs.
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