1.0Your Better Lifehttps://yourbetterlife.comBrianFrickehttps://yourbetterlife.com/author/brianfricke/How Will A Trade War With China Affect You? - Your Better Liferich600338<blockquote class="wp-embedded-content" data-secret="ls3PUk1O18"><a href="https://yourbetterlife.com/how-will-a-trade-war-with-china-affect-you/">How Will A Trade War With China Affect You?</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://yourbetterlife.com/how-will-a-trade-war-with-china-affect-you/embed/#?secret=ls3PUk1O18" width="600" height="338" title="“How Will A Trade War With China Affect You?” — Your Better Life" data-secret="ls3PUk1O18" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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https://yourbetterlife.com/wp-content/uploads/2018/08/ChinaTradeWar.jpg1000667You probably noticed that when President Trump recently declared a trade war against China, it triggered sharp downturns in the stock market. But what exactly is a trade war and what really is a trade deficit? A trade deficit is a monthly calculation made by government economists. The value of products manufactured in China that are purchased in the U.S. are subtracted from the value of products manufactured in the U.S. that are purchased by Chinese consumers.