A U.S.-China Trade Deal Is Coming, but How Big Will It Be?

A U.S.-China Trade Deal Is Coming, but How Big Will It Be?
President Donald Trump, right, with Chinese President Xi Jinping, left, during their bilateral meeting at the G-20 Summit in Buenos Aires, Argentina, Dec. 1, 2018 (AP photo by Pablo Martinez Monsivais).

Washington and Beijing are a little over two weeks away from their self-imposed March 1st deadline to reach a sweeping trade agreement that addresses China’s alleged unfair trade practices. If they fail, and the current truce in their trade war ends with no deal, the costs will be substantial for both sides. The United States imports more goods from China than any country in the world—roughly $500 billion in 2017—and a breakdown in the talks could lead to even higher tariffs on at least half of that. Right now, under the tariffs steadily imposed by President Donald Trump, the U.S. […]

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