A Year On, China Falls Short on Trade-Deal Targets

“I do think that the Chinese have lived up to all their commitments on the structural side. They have not been able to on the quantitative side,” said Craig Allen, president of US-China Business Council, which represents large US companies doing business in China. “Overall the US has lost a lot of jobs in the process.” Mr. Allen’s group and Oxford Economics jointly released a report Thursday that estimated that the US tariffs on Chinese imports—and Beijing’s retaliatory duties—have together caused the loss of as many as 245,000 American jobs, partly because costs rose for US companies that depend on imported parts and other products from China.