Lawrence H. Summers, former US Treasury Secretary, says tensions between US and China will remain high as long as China remains a substantial economic success. Photo: Bloomberg

Donald Trump’s ‘phase-one’ deal will not resolve issues behind US-China trade war, Larry Summers says

  • Issues likely to linger, but cutting tensions could reduce uncertainty and act as ‘a spur to growth’, former US Treasury Secretary Lawrence H. Summers said
  • US has ‘legitimate concerns’ about technology and China should be willing to address them, Summers said
Topic |   US-China trade war

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Lawrence H. Summers, former US Treasury Secretary, says tensions between US and China will remain high as long as China remains a substantial economic success. Photo: Bloomberg
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Chad Bray

Chad Bray

Chad is a senior business reporter focused on finance. He has previously written for The New York Times, The Wall Street Journal and Dow Jones Newswires.

Finbarr Bermingham

Finbarr Bermingham

Finbarr Bermingham has been reporting on Asian trade since 2014. Prior to this, he covered global trade and economics in London. He joined the Post in 2018, before which he was Asia Editor at Global Trade Review and Trade Correspondent for the International Business Times.