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China Phase One Trade Deal Looks Mighty Dead
Remember the phase one trade deal that the Republican Senate really wanted President Trump to ink with China (or else no quick impeachment acquittal, some DC insiders have told me) — well, it’s on life support. “That phase one trade deal...we are left holding the bag,” says Lori Ann LaRocco, author of the book “Trade War: Containers Don’t Lie” and a trade columnist focused on supply chain data at industry publisher FreightWaves. “China has not met its obligations under the deal as of April 1 data and I think that trend still holds,” she says. It sure looks that way. It’s not Trump’s fault. No ... (full story)
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