Economics
Trump’s China Deal Flirts With the Curse of a Phase One and Done
- Business leaders say more needs to be done to tackle China
- Trump administration has hobbled multilateral efforts to do so
A dock worker directs the loading of shipping containers in Guangzhou, China.
Photographer: Qilai Shen/Bloomberg
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President Donald Trump unveiled an interim deal with China on Friday that will avoid further escalation of a trade war that for almost two years has hung over the world’s largest economies and thus almost any country or company doing business with them.