US-China trade war

US-China trade war: Deal being trumpeted as a win for US

US President calls phase one 'one of the greatest deals ever made' though some experts say it buys time for China as well

US President Donald Trump and China's Vice-Premier Liu He (second from left) holding a press conference in the White House in Washington, before they sign the phase one trade deal on Wednesday. Talks on a phase two deal will begin immediately, says U
US President Donald Trump and China's Vice-Premier Liu He (second from left) holding a press conference in the White House in Washington, before they sign the phase one trade deal on Wednesday. Talks on a phase two deal will begin immediately, says US economic adviser Larry Kudlow.PHOTO: AGENCE FRANCE-PRESSE
US tariffs on imports from China are expected to remain six times higher than before the trade war started, says the Peterson Institute of International Trade.
US tariffs on imports from China are expected to remain six times higher than before the trade war started, says the Peterson Institute of International Trade.PHOTO: AGENCE FRANCE-PRESSE

A growing pastime among Washington pundits nowadays is to muse about whether, come November, President Donald Trump will win a second term.

And increasingly the answer, largely based on anecdotal evidence and gut feel, is that there is a good chance that he will.

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A version of this article appeared in the print edition of The Sunday Times on January 19, 2020, with the headline 'Deal being trumpeted as a win for US'. Subscribe