The world’s two largest economies signed the deal on January 15 last year, effectively calling a ceasefire in a trade war launched by the US in July 2018. Photo: EPA-EFE
The world’s two largest economies signed the deal on January 15 last year, effectively calling a ceasefire in a trade war launched by the US in July 2018. Photo: EPA-EFE

US-China trade war deal reaches first anniversary as bilateral mistrust hits ‘all-time high’

  • One year after signing, China lags far behind in its purchases of American goods and the trade imbalance with the US has grown
  • But the agreement remains one of the only areas of cooperation between the nations as relations hit their lowest ebb in decades

The world’s two largest economies signed the deal on January 15 last year, effectively calling a ceasefire in a trade war launched by the US in July 2018. Photo: EPA-EFE
The world’s two largest economies signed the deal on January 15 last year, effectively calling a ceasefire in a trade war launched by the US in July 2018. Photo: EPA-EFE
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