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After a turbulent few months of tit-for-tat tariffs, the US and China appear to have finally made up with the two sides putting out a join statement outlining a reduction in tariffs for the next 90 days. In this video, we’re taking a look at what was agreed, and why this probably looks a lot like the Phase One deal negotiated in 2020.
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1 – https://www.piie.com/research/piie-charts/2019/us-china-trade-war-tariffs-date-chart
2 – https://en.wikipedia.org/wiki/China%E2%80%93United_States_trade_war
3 – https://www.bbc.co.uk/news/articles/c4g2089vznzo
4 – https://www.piie.com/sites/default/files/2024-09/wp24-20.pdf
5 – https://truthsocial.com/@realDonaldTrump/posts/114477628854583525
6 – https://www.gelliottmorris.com/p/data
7 – https://www.ft.com/content/92887b83-1b99-4d69-ba70-6bc812e23dbe
8 – https://www.piie.com/research/piie-charts/us-china-phase-one-tracker-chinas-purchases-us-goods
00:00 – Introduction
01:15 – Context
03:49 – The New Deal
07:26 – Sponsored Content
