From the BBC World Service: The U.S. and China say they’ve sketched out a framework to dial down their trade fight after slapping big tariffs on each other.
Despite ongoing trade talks, detangling the American and Chinese economies still seems to be the end goal for the Trump administration. However, the process will cost billions and take years.
An autonomous farm in Ontario that recently came online is now getting a rush of unexpected business thanks to the trade war, which has Canadian consumers and businesses dropping American products in favor of domestically produced goods.
Looking back at the first Trump administration’s tariff policy might give some insight on where trade policy is or isn’t headed. But don’t expect firm answers.