A ceasefire has been called in the trade war between the United States and China, but there is lingering uncertainty … that will stifle aggregate spending until a "peace treaty" is signed. China is thus currently undertaking a precarious … war into simple terms, the United States is worried about the size of its bilateral trade deficit with China and is …

China or Japan, has no predictable effect on its trade surplus. Currency appreciation by the creditor country will slow its …-growth and low-growth economies, as between Japan and the U.S. from in 1950 to 1971 and China and the U.S. from 1994 to 2005 … growth. The qualified case for China moving toward greater flexibility in the form of a very narrow band for the yuan …