The theory was that tariffs would reduce trade deficits. Trump managed to reduce the bilateral trade deficit with China, thanks to the tariffs he imposed on more than A to reduce the bilateral trade deficit and increase the number of jobs b to limit access for Chinese companies to American technologies and. prevent the digital modernization of the industry. However, despite the sanctions imposed, the volume of trade between the United States and China continued to increase and the United States decided to withdraw its sanctions despite unresolved human rights issues and to maintain non-discriminatory treatment of China in terms of trade. , and made permanent, the economic deficit between the United States and China. The trade deficit between India and China almost tripled to - -09. What do you think are the main factors responsible for this large-scale trade efficiency between India and China, measures and strategies that India can adopt to reduce this trade imbalance. 4The overall U.S. trade deficit in goods and services with the world. last year, the largest gap. Economists have cited a growing trade deficit. It is well known that the Sino-Indian trade balance tilts massively in favor of Beijing. India's trade deficit with China was over in 2021. As -2019.