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The trade war is already pushing businesses out of China—and it could be permanent

Gwynn Guilford
The trade war is already pushing businesses out of China—and it could be permanent

The seemingly unexpected collapse of trade negotiations between the US and China last month hinted that continual Sino-US tariffs may be the new normal. The latest trade numbers suggest that, China has been selling Americans fewer goods like computers and auto parts—and that other countries are benefitting from taking up the slack. What’s at stake here isn’t merely the health of China’s export-focused manufacturing sector (and the millions of workers it employs).