brad setser has been following this.talk a lot about the politics, but we have to look at the numbers and the money. what the money is saying is the trade deficit between the u.s. and china is deepening. brad setser with the council foreign relations, senior fellow international affairs, and a long-standing background in international relations in the government. what you make of this tiktok news this morning? for one, the u.s. has not been clear about the demands it was placing on tiptop. -- on tiktok. the deal with oracle suggested bytedance could retain majority control, which would be unusual. then china is also flexing its muscles trying to limit the export of various source code. , the u.s. seems to be signaling it wants a full divestiture or a shift in majority of control and china is resisting that and the company is caught in between. lisa: you've been doing a lot of great work on the flows to the u.s. and china. if you take a look at the legacy of the trump administration, has it created a more even playing fie