US-China trade warring and decoupling during COVID-19

US-China trade warring and decoupling during COVID-19

East Asia Forum·2020-05-05 08:00

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Author: C H Kwan, Nomura Institute of Capital Markets Research

Phase one of the US–China Economic and Trade Agreement was signed on 15 January 2020 in an step to end the trade war that began in March 2018. China promised to greatly increase its imports from the United States in exchange for no further hikes in US additional tariffs on imports from China. A ceasefire is now in place, but many challenges remain.

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