Trade war: The US-China deal starts somewhat calmer 2020

//Trade war: The US-China deal starts somewhat calmer 2020

Now that the US-China trade deal is signed, Trump is expected to focus on the EU. However, given the upcoming US elections, we expect 2020 to be calmer than last year from a trade-war perspective. The US-China deal imply that the amount of uncertainty related to trade war declines significantly in the short-term. We assume that after having achieved the Phase one trade deal with China Trump will not take huge risks when running for president at the November elections. As a result, the year 2020 is expected to be somewhat calmer from a trade-war perspective. However, the general challenges on free trade are far from … (full story)

2020-01-17T12:03:13+00:00