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Terms of Trade: What’s In, What’s Out of Partial U.S.-China Deal

Oct. 28, 2019, 11:00 AM

Chinese officials confirmed over the weekend that the U.S. and China are close to finalizing the “phase one” deal Presidents Donald Trump and Xi Jinping are expected to sign on the sidelines of a Nov. 16-17 meeting in Chile of the Asia-Pacific Economic Cooperation. So it’s a good time to review what’s in the deal — and what’s not.

What’s In:


  • A pause in the tariff escalation, but not an end of them. Trump agreed to forego an Oct. 15 increase to 30% from 25% in the tariffs collected on some $250 billion in imports from China. But...
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