As the trade dispute between Washington and Beijing drags on, U.S. President Donald Trump is emerging with an unexpected advantage: credibility.
Trump famously makes bombastic threats and promises. But at least as far as trade is concerned, he has largely made good on them. Just as he promised, he has withdrawn from the Trans-Pacific Partnership, opened up trade pacts with Canada, Mexico and South Korea for renegotiation and erected tariffs on a range of foreign goods.
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