China’s evolution as a trading partner is one of self-sufficiency: China has spent the past few decades weaning itself off needing other countries for many things, by investing in its own value chains and technology, and making strategic purchases and partnerships worldwide. But that doesn’t mean China doesn’t need to trade — it just means… Read More

The first phase of a trade deal between China and the U.S. has been agreed upon by both parties. United States Trade Representative (USTR) Robert Lighthizer says U.S. President Donald Trump has “focused on concluding a Phase One agreement that achieves meaningful, fully-enforceable structural changes and begins rebalancing the U.S.-China trade relationship.” As part of… Read More

If you think you may experiencing déjà vu on the U.S. and China Phase One deal, completed in principle, then you are not alone. Whether last May, September, October or today — any deal with China has been elusive. On CNBC Friday afternoon, national economic advisor Larry Kudlow was asked if Americans can believe the… Read More