Initial China trade deal defuses tensions, but US still has concerns

When President Trump and China confirmed on Friday that they had reached an initial trade deal, it helped defuse tensions in a 19-month trade war and avoided another round of punishing tariffs scheduled for this weekend.

But a trade deal that took nearly two years to reach and inflicted global economic damage in the process does little to resolve the United States’ biggest concerns about China’s trade practices, including its use of industrial subsidies and state-owned enterprises to dominate global industries like steel.

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