Posted inChina, United States, World

‘Phase 1’ trade truce makes sense for both US, China

“Nobody wants a trade war,” but the long-lasting trade conflict between the world’s two largest economies, the United States of America and the People’s Republic of China, just reached a truce after almost two years. On March 22, 2018, US President Donald Trump directed the United States Trade Representative (USTR) to start investigating China’s “unfair” trade practices […]