During his inaugural state visit to China in early November, President Trump appears to have been on a mission to rebuild bridges with Chinese Premier Xi Jinping. After spending most of the time since he came into office criticizing China of unfair trade practices, Trump took great pride in announcing a US-China trade deal worth $253 billion which was announced during Trump’s time in China.
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According to analysts at Bank of America, this raft of deals signals ” improvement in the US-China trade relationship following the disappointment at the first US-China Comprehensive Economic Dialogue (CED) in July.” The bank’s global economics analysts Sylvia Sheng and Helen Qiao go on to note that the deal package is focused on “boosting China’s imports of US products...
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