Cooling U.S.-China trade tensions don’t mean smooth sailing for U.S. economy

The agreement between China and the U.S. to cut tariffs and moderate their trade war is a welcome development, as it suggests the worst outcome facing the U.S. economy — a devastating recession — may be averted.

May 12, 2025 - 19:49
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Cooling U.S.-China trade tensions don’t mean smooth sailing for U.S. economy
The agreement between China and the U.S. to cut tariffs and moderate their trade war is a welcome development, as it suggests the worst outcome facing the U.S. economy — a devastating recession — may be averted.