Everyone Loses in U.S.-China Trade War, Especially U.S. | RealClearPolitics

Everyone Loses in U.S.-China Trade War, Especially U.S.

Everyone Loses in U.S.-China Trade War, Especially U.S.
Chinatopix via AP

In late June, the leaders of China and the United States announced at the G-20 meeting in Osaka, Japan, that they had reached a détente in their trade war. U.S. President Donald Trump claimed that the two sides had set negotiations “back on track.” He put on hold new tariffs on Chinese goods and lifted restrictions preventing U.S. companies from selling to Huawei, the blacklisted Chinese telecommunications giant. Markets rallied, and media reports hailed the move as a “cease-fire.”

Read Full Article »
Comment
Show comments Hide Comments