The benefit of trade is not measured in exports. It is measured...

The benefit of trade is not measured in exports. It is measured in the increased consumption of citizens verse a situation without trade. All our gadgets that make us materially happy are from China because they are the best price. So without China our worldly happiness ends. Understand? So when it comes to negotiating trade with China the best strategy is to do nothing. Let them subsidise the cheap goods to come to our consumers. We are the winners of China's stupid mercantile policies.