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    The US should focus on improving its economic competitiveness rather than arguing for a stronger currency to reduce its trade deficit with China. While the US-China trade deficit remains high, protectionism against Chinese goods and investment could further deteriorate the relationship. Instead, both countries should work to preserve an open trade relationship and become more open economies.

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    The US should focus on improving its economic competitiveness rather than arguing for a stronger currency to reduce its trade deficit with China. While the US-China trade deficit remains high, protectionism against Chinese goods and investment could further deteriorate the relationship. Instead, both countries should work to preserve an open trade relationship and become more open economies.

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    © All Rights Reserved
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    3 views1 page

    Article 1

    Uploaded by

    Tu Van
    The US should focus on improving its economic competitiveness rather than arguing for a stronger currency to reduce its trade deficit with China. While the US-China trade deficit remains high, protectionism against Chinese goods and investment could further deteriorate the relationship. Instead, both countries should work to preserve an open trade relationship and become more open economies.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    GROUP 5

    Article 1

    should focus on improving its overall


    The US economic competitiveness
    shouldn't argue for
    a stronger currency
    to reduce its trade deficit with China

    The US economy is trade deficit with China remains high


    currently slowing Statistically, it is $163.3 billion last year



    lead to protectionism against Chinese


    Deficit goods and investment in the US


    the relationship between the US and
    China gradually deteriorated

    should make defending and preserving the


    Solution openness of the trade relationship
    try to become the open US and an
    open China

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