Katie Deal , Washington Analyst,
US Equity Division
Following the coronavirus outbreak, renewed tensions between the US and China have complicated the delicate détente that both countries reached through the tenuous phase I trade agreement—which halted the pattern of escalating tariffs and offered some incremental reforms to Chinese market practices.
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Though the flurry of anti‑China action within the US government may have been catalyzed by the politics of the coronavirus, the critical issues that have resurfaced will not fade in the short term. In fact, they may define the conversation in the inevitable next round of negotiations—diplomatic or economic—between the US and Chinese governments.
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