As part of the Phase One trade deal signed in January of 2020, China agreed to increase imports of certain manufactured, agricultural, and energy goods from the United States. These goods are outlined in Annex 6.1 of the Phase One trade deal, covering over $200 billion worth of goods more »
In any other year, the President of the United States declaring a key trade advisor the “Lobster King” would be a headline worthy of more than one double-take. In 2020, even this news seems commonplace. On Friday June 5th at an event with commercial fishermen, President Donald Trump more »
You have likely heard this story before: A major American corporation, in its never-ending quest for new revenue and bigger profits, casts a hopeful eye toward China. With well over a billion people and a growing middle class, the math is straightforward. Sure, there is an authoritarian government that may more »
The U.S.-China trade war kicked off with the United States imposing a preliminary a 25% tariff on $34 billion worth of Chinese goods that would be followed by another 25% tariff on $16 billion worth of Chinese exports. China retaliated with a collective 25% tariff on $50 billion worth of more »
The trade war between the United States and China has had a negative impact on both countries. Reports of China’s economy faltering, including a 3.1 percent decline in industrial profit, a staggering decrease of GDP growth from 6.6% in 2018 to 6.2%, the lowest reported growth in 29 years, and more »