Trump's tariffs led to billions of losses, Fed research shows


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Home » Economy » Trump's tariffs led to billions of losses, Fed research shows Trump's tariffs led to billions of losses, Fed research shows June 23, 2021 WASHINGTON (BLOOMBERG) – Starting in early last year, a very unlikely anomaly started appearing in global trade data: Beijing said it was selling more goods to the United States than America reported buying from China. That was a reversal of the normal pattern and a product of the two nations’ trade war – but not an intended consequence. Instead, it was likely due to misreporting by both exporters in China and importers in...