What a US-China trade deal might — and might not — accomplish.
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Trade experts say a real breakthrough on trade would be a big step forward — but the devil is in the details. Trump has political as well as economic motivations to forge a deal, as anxiety mounts about the toll the tariffs are taking on economic growth. “Coming at it from a political risk standpoint… I was struck by how bipartisan the fears about China have become,” said Michael Hessel, political economy analyst at Absolute Strategy in London.
In fact, an agreement that is too broad could hurt American interests. “If the language is too vague, there’s always the risk China and the U.S. will interpret the terms of what they’ve agreed to differently,” Ennis said, a situation that could lead to disagreements in the future.
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