With both the U.S. and China signing the Phase 1 trade deal, optimism has returned to the markets in the global economy. Many investors believe that the deal represents the first step in the eventual normalization of trade relations between the two economic superpowers. However, the agreement introduces the concept of “managed trade,” which can ...
In the recently signed Phase 1 trade deal between the U.S. and China, Beijing committed to buy US$200 billion worth of goods from America in the next two years. However, many experts have raised doubts as to whether this will actually be possible. $200 billion purchase “The additional purchases will come on top of the ...
For the past several months, global markets have been in a tense state as the trade conflict between the U.S. and China threatened to blow up anytime. Recently, it was reported that an informal Phase 1 U.S.-China trade deal has been agreed upon by both parties. Now, it seems that a formal trade deal agreement ...
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