Trump Says He Has a Trade Deal With China. His Trade War Still Looks Like a Failure.
Reason.com -

The Trump administration has reportedly reached an agreement in principle on a trade deal with China. That's good news, if only because it signals a cessation in hostilities between the world's two biggest economies.

The White House says it will not go ahead with a tariff increase scheduled for next week while the two sides draft the specifics of the deal. Other trade barriers scheduled to take effect in mid-December have not yet been canceled, and existing tariffs on about $360 billion of...

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