Is the US winning the trade war with China?

The data is compelling.

According to Reuters, “Despite more than a year of growth boosting measures, China’s domestic demand has remained stubbornly weak as economic uncertainty weighs on business and consumer confidence and discourages fresh investment.” 

Reuters goes on to point out that U.S. imports—according to customs data—dropped 26.4% during that period.  Perhaps a fundamental structural shift is underway.  Even is a trade deal is reached, we may never return to the heyday of Sino-American trade.

Time to start thinking about locking into the new reality.