
At first glance, the United States appears to have the upper hand in its trade partnership with China. Beijing ostensibly has more at stake in the relationship than Washington, in part because China's economy relies more heavily on exports. And though the United States imports a larger share of goods from China than China does from the United States, imports play a smaller role in the U.S. economy. This breakdown lends credence to the idea that the U.S. economy has less to lose in the unlikely event that trade with China comes crashing to a halt . But trade figures alone do not reflect the complexities of the two countries' trade ties or the leverage that they give each side over the other. A look at the kinds — and not the quantities — of goods traded offers a more complete picture.