US Trade Representative Robert Lighthizer (centre) and Treasury Secretary Steven Mnuchin chat with Chinese Vice-Premier Liu He in Shanghai on July 31. Photo: Reuters
Sylvia Sheng
Opinion

Opinion

Macroscope by Sylvia Sheng

The trade war’s damage is done in Asia, and even an interim US-China deal can’t undo the past year

  • Even if the US and China reached a place-holder deal, uncertainty caused by past reversals in talks would weigh on Asia
  • The trade war has also taken its toll on exports and supply chains, and this cannot easily be undone
US Trade Representative Robert Lighthizer (centre) and Treasury Secretary Steven Mnuchin chat with Chinese Vice-Premier Liu He in Shanghai on July 31. Photo: Reuters
READ FULL ARTICLE