Trump’s trade beef more with Global South than China

As Donald Trump gears up for his big trade battle with Xi Jinping’s China, is the US president fighting the wrong economic war?

A perusal of Federal Reserve data shows, rather convincingly, that the US now imports roughly four times as much from Global South nations, ex-China, than from Asia’s biggest economy.

In March, for example, the US imported about US$29.3 billion worth of goods from China and $114 billion from the Global South.