A man sits on a motorcycle next to pig carcasses hanging from a conveyor at a pork wholesale market on the outskirts of Shanghai on May 28, 2019. The US pork industry has been hard hit by Chinese tariffs during the trade war. Photo: Bloomberg
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Why the phase one US-China trade deal should not be scoffed at – it’s about more than pork and soybeans

  • The deal will allow China to focus on its domestic economic agenda amid a slowdown, including opening doors to foreign firms to serve its growing middle class
  • Since the deal was announced, Federal Reserve policymakers have also issued more optimistic statements about US economic prospects
A man sits on a motorcycle next to pig carcasses hanging from a conveyor at a pork wholesale market on the outskirts of Shanghai on May 28, 2019. The US pork industry has been hard hit by Chinese tariffs during the trade war. Photo: Bloomberg
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