Commentary: US and China struck a tariff truce – it’s far from a trade deal
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There’s an irony to claiming victory in a trade war that yields no winners, says former SCMP editor-in-chief Wang Xiangwei. HONG KONG: A trade war yields no winners. This notion has become widely accepted, since United States President Donald Trump sparked an escalating trade conflict with China last month, effectively bringing trade between the two largest economies to a near standstill. The irony was palpable this week when both the US and China claimed victories after announcing a temporary
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