Markets Shouldn’t Overreact Even If There’s No China-US Trade Deal

u s imports and exports 2019

Since the Donald Trump’s administration took office in January 2017, the goods trade deficit with the rest of the world has subtracted $1.6 trillion from the U.S. economy. About half of that — $760 billion — was a net wealth transfer to China on goods trade, with assorted technologies and liberal access to U.S. markets.

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China is Under Pressure to Make a Trade Deal

China is Under Pressure to Make a Trade Deal

The US and China are due to hold their highest level talks since the two sides struck a temporary truce to their trade war. They have until 1 March to come up with some sort of compromise or tariffs will be hiked again, and we march back into a trade fight that affects us all. China watchers tell me Beijing is under increasing pressure to make a deal.

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