U.S.-China Trade Stayed Robust in 2022. Will That Last?

Trade figures for 2022 released earlier this month show U.S.-China goods trade hit a record high of $690.6 billion, despite ongoing tensions. How should we interpret these latest figures? Do these numbers obscure medium and long term trends? Or will the U.S. and China remain strong trading partners despite growing restrictions and strains in their broader relationship?
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