China ran a $1. 2 trillion trade surplus last year, many of its companies don't need to make a profit, and its exports are growing at two to three times the rate of the global economy. Michael Froman, former US Trade Representative under President Obama and now president of the Council on Foreig...
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-09-26/the-china-trade-problem-that-tariffs-alone-can-t-fix-video)