How China Is Weathering the Trade War With Trump

Tariffs triggered a plunge in China’s exports to the United States, but its global trade surplus is larger because sales to other regions are surging.

The trade war this year between China and the United States started with a bang, a fast-and-furious escalation of tariffs to astronomical levels. In the ensuing months, both countries showed a willingness to pull back and not shut down trade between the world’s largest economies.

But they have made little discernible progress in resolving their differences on trade. On Monday...

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