These were the November statistics. It shows how sharply things are already turning.
Not really.
Ì you look at US exports to China during the month, they were terrible. Way, way down from last year, as they have been DECREASING since June.
Almost a straight line down. They are (way) behind last year.
Chinese exports to America were down month to month. To where they were last year. Year on year they are WAY up, in fact our yearly trade deficit with China last month set a new all-time record high, despite the fact that December’s data isn’t even included yet.
Here is the data:
https://census.gov/foreign-trade/balance/c5700.html