The Intelligence from The Economist Going through a phase: US-China trade deal
Jan 15, 2020
Sumaya Keynes, Trade and globalization editor at The Economist, shares keen insights on the newly signed US-China trade deal, emphasizing the unresolved tensions and the impact of enduring tariffs. Meanwhile, Sarah Donilon, a writer for The Economist, tackles the alarming trend of digital self-harm among youth, exploring the psychological aspects and implications of self-cyberbullying. They also touch on the evolving wedding scene in Las Vegas, where traditional ceremonies are adapting to modern preferences, particularly among millennials.
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US-China Trade Deal Status
- The US and China signed a “phase one” trade deal, but key issues remain unresolved.
- Tariffs remain, and uncertainty continues to affect businesses.
The Trade War's Origin
- In 2017, the US investigated China's trade practices, alleging intellectual property theft.
- This led to tariffs, which China retaliated against, escalating the trade war.
Trade War Impact
- The trade war significantly impacted trade flows between the US and China.
- The deal aims to boost US exports, but some fear increased dependence on China.