US Goods Deficit Is Not As Large As It Appears – “Damn Lies and Trade Statistics” Trade Edition

April is only a little over a week old, but it has already become one of the most eventful weeks in history for US-China trade. China’s Financial Sector Is Growing Up As Tech Helps Carlson: Trump Tax Will Start “Global Depression”; Dire Danger In Age Of “Kim Kardashian celebrityism” The US trade deficit does not take into account intellectual property moving to China On April 2nd China implemented tariffs on $3 billion of imports from the United States, in retaliation to the tariffs the US placed on imported steel and aluminum products at the end of March. These tariffs cover…