It's not just farmers, US exports may never recover from the trade war

WASHINGTON - The Trump administration's trade war is ravaging exports to China across the US and well beyond the farm belt, new data from the US Commerce Department show.

"Chinese demand for imports overall has been weak," said Brad Setser, senior fellow for international economics at the Council on Foreign Relations. The recovery time for various US products will depend on the nature of the trade deal, he said.Washington state, home of Boeing's industrial base, saw total Chinese merchandise exports fall 45 per cent through the third quarter amid the grounding of the 737 Max, the company's best-selling jet.

The trade war, coupled with cuts to health care,"appear to have hurt Republican candidates where swing voters matter most," said the analysis released this month by the National Bureau of Economic Research. "Although exports to China have fallen sharply in 2019, it hasn't had any significant impact on payrolls so far," he said, adding that vehicle manufacturers are hiring workers and some lost sales to China are being offset by gains in other places, particularly Europe.

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