U.S. and China’s trade is not equal as America imported $505 billion of goods from China last year but sent only about $130 billion in the other direction.
In an article written by Rich Miller and Enda Curran in Bloomberg on July 1, 2018,
The president is hoping costlier imports will drive companies to increasingly base their operations in the U.S. rather than low-cost China, supporting domestic demand and providing more jobs for American workers. Read more