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‘Trade war fatigue’ weighing on US-China business ties, but few expect December tariff hike to take place

Summary:
[unable to retrieve full-text content]On Tuesday, after US President Donald Trump said that a trade deal with China might not be completed until after the 2020 election, the Dow Jones Industrial Average suffered its biggest loss since early October.The following day, the same index gained 197 points, or 0.7 per cent, after Bloomberg News reported that a “phase one” deal – which would likely cancel additional US tariffs set for mid-December – was close to completion, despite a spike in bilateral tensions over Hong Kong and Xinjiang…

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[unable to retrieve full-text content]
On Tuesday, after US President Donald Trump said that a trade deal with China might not be completed until after the 2020 election, the Dow Jones Industrial Average suffered its biggest loss since early October.The following day, the same index gained 197 points, or 0.7 per cent, after Bloomberg News reported that a “phase one” deal – which would likely cancel additional US tariffs set for mid-December – was close to completion, despite a spike in bilateral tensions over Hong Kong and Xinjiang…

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