US-China goods trade booms as if virus, tariffs never happened

Eighteen months after the Trump administration signed the trade deal, the agreement has turned out to be a truce at best.

CHINA and the U.S. are shipping goods to each other at the briskest pace in years, making the world’s largest bilateral trade relationship look as if the protracted tariff war and pandemic never happened.

Eighteen months after the Trump administration signed the trade deal, the agreement has turned out to be a truce at best. The U.S. trade deficit hasn’t shrunk, most levies are still in place, and it hasn’t led to negotiations over other economic issues.