Chinese Vice-Premier Liu He and US President Donald Trump signed the phase one trade deal at the White House on Wednesday in Washington. Photo: Reuters
Trade war: China, US face tough reality ahead after the pomp of phase one deal signing
- US and Chinese camps send differing signals over prospect of a phase two deal, while many wonder if China can keep to its phase one commitments
- After trade deal, average US tariffs on Chinese goods will be 19 per cent compared to 3 per cent before the trade war, with European Union already voicing fears
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US-China trade war
Chinese Vice-Premier Liu He and US President Donald Trump signed the phase one trade deal at the White House on Wednesday in Washington. Photo: Reuters