Winning Trade Wars Is So Easy…..Not! US Exports To China Dinged By $40 Billion Or One-Third

Chinese retaliation against President Donald Trump’s tariffs is hitting U.S. exporters harder than their Chinese counterparts and costing the U.S. the equivalent of about $40 billion a year in lost exports, according to a new study that highlights the mounting costs to the U.S. economy of the trade war against China.