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Managed trade, ironically, is hard to manage. This is especially true when it is between the world’s two largest economies trying to settle their trade and political disputes. The U.S.-China trade war entered a détente of sorts with the “Phase 1” trade deal signed on January 15, 2020. Between January 1, 2020 and December 31, 2021, China is required to import more...
https://www.freightwaves.com/news/commentary-can-managed-trade-really-work