US-China tariff tweaks don’t change the bigger picture
The US and China have announced significant tariff cuts on goods covered by the new bilateral Board of Trade. But the scheme only covers “non-sensitive” goods that make up a small share of China’s total exports to the US. The average US tariff rate on China is still significantly higher than its pre-Trump level, and the US-China trade relationship remains fraught.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.
