torsdag 16. januar 2020

US-China trade deal: Five things that aren't in it

The US and China have finally - after almost two years of hostilities - signed a "phase one" deal. But it only covers the easier aspects of their difficult relationship, and only removes some of the tariffs. The biggest hurdles are still to come, and could stand in the way of a second phase agreement - one that would in theory remove all of the tariffs, bringing some much needed relief for the global economy, which is in the interests of all of us.

What's not in the phase one deal tells us where the flashpoints are in the US-China relationship - and what could derail the second round of negotiations. So what didn't make it into the agreement?