President Donald Trump last month said he was 'very torn' about whether to end the phase one deal — raising concerns that the U.S. and China would resume a tariff war.
. His comments raised concerns among investors and analysts that the world's two largest economies would resume a tariff war that's damaging to the global economy.
"At this point, our view from an economics standpoint ...
Trump has not updated his stance on the trade deal, which was signed in January and put a pause in the tBut U.S. Trade Representative Robert Lighthizer, one of the key negotiators in the trade deal with Beijing, reportedly said Thursday he felt "very good" about the deal and that "China has done a pretty good job" in some structural changes.
But trade is not the only way in which U.S.-China tensions could play out in the coming months, noted Xie. He added that frictions between the two countries have expanded into areas including technology,
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