China has a lot to like about winding down trade tensions with the US. But questions about its economy remain.
China and the US have done a deal. But a longer-term view suggests trade tensions between the pair will only grow. What will that mean for the network of nations trading extensively with both?
Trump's trade "deal" with China is akin to wielding a sledgehammer in surgery — and about as likely to improve the patient outcome. "Phase One" is among his biggest works of destruction, says Andreas Rostek.
In Washington to smooth out trade differences with the Trump administration, an EU commissioner said the subject of car tariffs did not come up. German carmakers will be happy to see the issue off the negotiating table.
The US Treasury Department has removed China from its list of currency manipulators ahead of a new US-China trade deal. Chinese regulators have been accused of devaluing the yuan to make exports more competitive.
© 2020 Deutsche Welle |
Legal notice |
| Mobile version