Signed in January 2020, the phase-one trade deal was considered a ceasefire agreement between China and the United States following a two-year trade war. Photo: AP
Signed in January 2020, the phase-one trade deal was considered a ceasefire agreement between China and the United States following a two-year trade war. Photo: AP

US-China phase-one trade deal gets a reality check after nearly two years

  • USTR Katherine Tai has said the US intends to hold China accountable to the two-year phase-one trade deal while exploring weaknesses in Beijing’s performance
  • Analysts expect high tariffs to persist in China-US trade in the long term

Topic |   US-China relations
Signed in January 2020, the phase-one trade deal was considered a ceasefire agreement between China and the United States following a two-year trade war. Photo: AP
Signed in January 2020, the phase-one trade deal was considered a ceasefire agreement between China and the United States following a two-year trade war. Photo: AP
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