[quote=FlyerInHi]What are high quality low priced western goods? Name some that together will add up to $300 billion just for US alone[/quote]
As as simple as baby formula, Chinese elites opt to avoid domestic brands and buy overseas products. Just watch those Chinese tourists in U.S., see how much they spend on cosmetics, fashion products etc in U.S. All those products are either much much higher priced or simply not available in China. The cause is Chinese government put too many restriction on foreign products to enter.
Not only U.S. is not happy with Chinese trade protection, EU is not happy either. But unlike Trump, the Europeans are trying to avoid direct confrontation with Beijing. They join China in condemning U.S. trade protection, but quietly refuse Chinese call to form alliance again U.S. on trade.
