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Columbia Business School Professor Gernot Wagner spoke with Marketplace host Mitchell Hartman about China’s growing trade surplus and the forces driving its economic momentum despite U.S. tariffs. Wagner explained that China’s boom reflects a combination of industrial policy, manufacturing scale, and strategic investments that continue to bolster exports. He noted that these dynamics complicate U.S. trade goals and carry broader implications for global supply chains, pricing pressures, and geopolitical economic competition.
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