Trump attacks China on trade but misses the mark

America’s complicated, critical trade relations with China

President-elect Donald Trump has revived some of his China-bashing from the campaign trail — but the misleading claims still puzzle economists.

Trump accused China late Sunday of gaining an unfair advantage over American companies by devaluing its currency and slapping heavy taxes on U.S. products. The attack via Twitter came after a controversial phone call with Taiwan’s president on Friday that had already ruffled feathers in Beijing.

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Economic news – CNNMoney.com

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