
LIMITED PROGRESS EXPECTED IN U.S.-CHINA TRADE DEAL: CAPITAL ECONOMICS
President Trump announced a potential trade deal with China, but expectations are low. According to Capital Economics' Mark Williams, the deal mainly targets non-tariff issues like rare earth export controls, while broader trade concerns remain unresolved.Tariffs stay in place—55% on Chinese goods and 10% on U.S. goods. While continued talks offer hope for future progress, Williams notes the U.S.-China relationship is "in far worse shape than a few months ago."The copyright of this article belongs to the original author/organization.
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