China

US-China trade war: bilateral trade stable despite coronavirus, tariffs and Beijing-Washington tensions




China and the United States are shipping goods to each other at the briskest pace in years, making the world’s largest bilateral trade relationship look as if the protracted tariff war and coronavirus pandemic never happened.Eighteen months after the Trump administration signed the phase-one trade deal, the agreement has turned out to be a truce at best. The US trade deficit has not shrunk, most levies are still in place, and it has not led to negotiations over other economic issues.And yet,…



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