US China Trade Deal Coming Apart

5 years ago
1

"Phase one" of the much anticipated US-China trade deal appears to amount to little more than a stalling tactic. Not only did the two sides fail to put any "deal" in writing, the only real agreement between the two sides seems to be to continue talks in the future. This does not even amount to a ceasefire in the trade war, as US Treasury Secretary Steve Mnuchin has confirmed that tariff increases are still set to go into effect this December.

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