U.S.-China Phase 1 Trade Deal Could Set Rules for Commerce

Last year’s deal could set the rules for global commerce for years to come, leaving the door open to lavish Chinese subsidies and unilateral American tariffs. Unloading goods in Lianyungang, China. The United States’ trade deficit with China soared in the first three months of this year.Credit…Hector Retamal/Agence France-Presse — Getty Images May 27, 2021Updated […]