After USMCA Passes, Why Worry About A China Phase One Deal? - News Summed Up

After USMCA Passes, Why Worry About A China Phase One Deal?


Passing of the USMCA gives ... [+] Washington less impetus to hurry through with a phase one deal in order to appease markets. Then there’s the phase one China mini-deal. But after the USMCA is inked, why worry about China? Phase one now looks less exciting if Nancy Pelosi can finally bring USMCA to a floor vote and get it signed. The U.S. economy has done well even with rumors of trade wars in Europe and higher tariffs on China.


Source: Forbes December 09, 2019 17:26 UTC



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