Who stands to gain or lose from US-China trade deal? | Inside Story

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  • After more than two years of escalating tarrifs and a seemingly never-ending trade war, the US and China have agreed on a first step towards a truce.
    If it holds, it could be a boost for U.S. President Donald Trump in an election year.
    But who will benefit the most from this initial phase of a broader trade agreement?
    China has promised to open up its markets and buy more US goods.
    In exchange, the US will lift some tarrifs. Yet most will stay in place – and that’s where the problems start.
    So, could this really be the beginning of the end of the trade war between the US and China?
    Presenter: Richelle Carey
    Dan Wang, analyst for the Economist Intelligence Unit’s Access China Service.
    Hosuk Lee-Makiyama, Director of the European Centre for International Political Economy and a former Swedish Representative to the World Trade Organization.
    Phil Caruso, Member of the Defense Council at the Truman National Security Project and a former Intelligence officer in the US Air Force.

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