One consequence of Trump’s phase one deal with China: His tariffs have become the New Normal. That’s because few believe phase 2 is coming anytime soon. Or that China’s Xi will bend in the way Trump wants him to... Me for Bloomberg ⁦
Trump's deal is definitely not going to end the longer run conflict between these two economic systems. That tension is the fundamental issue of our time. We are no closer to resolving that today than we were before the trade war started. By
The phase one deal is definitely not going to be the end when it comes to the longer run conflict between 🇺🇸 & 🇨🇳 , . says. We are no closer to resolving that today than we were two years ago before the trade war started.
Tariffs Become New Normal as Trump Moves to Next China Demands via