Dire predictions about the U.S.-China trade war didn’t materialize, but the longer-range consequences are yet to be seen
WASHINGTON—Farmers took a big hit. Importers of auto parts, furniture and machinery choked down punishing tariffs. Investment between the world’s two largest economies tumbled.
Yet despite the damage to these trade-related sectors, most of the U.S. economy sailed through two turbulent years of trade war with China with barely a scratch, a review of key economic indicators shows.
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