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Are trade relations between the US and China back on track?

Are trade relations between the US and China back on track?

Summary

The United States and China have decided to temporarily ease their trade conflict by pausing certain tough measures for a year. Both countries made some compromises to reach this temporary truce.

Key Facts

  • The U.S. and China agreed to temporarily ease their trade tensions.
  • Some harsh trade measures are on hold for one year.
  • The trade conflict involves the world’s two largest economies.
  • Experts from different research institutes are analyzing the situation.
  • There is uncertainty about whether a long-term agreement will follow or if conflicts will resume.

Source Information