Many brothers don't understand what the essence of Sino-U.S. trade is.

China exports deflation to the United States, while the United States exports inflation to China.
The past thirty years
China is producing more and more industrial goods, but there is not enough purchasing power, which has been accumulating deflationary risks.
The more dollars the United States prints, the more inflation risk accumulates due to insufficient corresponding goods.
But this is about the bilateral trade of卧龙凤雏, mutually exporting inflation and deflation.
For the past two to three decades, Shuangshuang has maintained a benign environment of mild inflation.
Then, the trade war came.
China has lost the largest consumer market in the world, the United States, and cannot digest its own production capacity.
The United States has lost China, the world's largest industrial capacity, and its own currency cannot digest it.
So everyone saw that on both sides of the Pacific, high blood sugar and low blood pressure were hurling insults at each other across the distance.
While desperately raising interest rates to control its own inflation.
While desperately cutting interest rates to avoid falling into deflation.