The Trump administration's trade war with China has escalated even as other countries got a partial reprieve, threatening the relationship between U.S. manufacturers and retailers and one of America’s largest trading partners.
China is the second largest exporter of goods into the United States, sending nearly $439 billion worth of products into the country in 2024, including cereal bowls, scissors, smartphones and shoes.
"China is a critical trade partner in goods and services because China is the world's manufacturing floor," said Scott Kennedy, trustee chair in Chinese business and economics at the Center for Strategic and International Studies. "It's an outsized relationship."
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