Biden and Trump both exaggerate pain from trade with China

Impact on U.S. jobs seen as less severe than advertised

HIROYUKI KOTAKE, Nikkei commentator

TOKYO -- U.S. President Joe Biden visited Chicago on June 28 to deliver a speech touting "Bidenomics," the expansive fiscal agenda he claims has lifted the American economy and resulted in 13.4 million new jobs since his inauguration.

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