Eighteen months after the Trump administration signed the trade deal, the agreement has turned out to be a truce at best. The US trade deficit hasn’t shrunk, most levies are still in place, and it hasn’t led to negotiations over other economic issues.
NEW YORK: China and the United States 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 Covid-19 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 US trade deficit hasn’t shrunk, most levies are still in place, and it hasn’t led to negotiations over other economic issues.
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