The 90-day trade war truce ends March 2. That’s the day U.S. Trade Representative Robert Lighthizer gave to increase tariffs on a number of Chinese imports if there is no progress in trade talks this month. China continues to open its market to foreign firms, with all-important financial services continuing to open up in mainland China. The trade deficit with China widened again last year. Rumor had it that some people involved in the China talks said China would increase imports of U.S. goods to throw Trump a bone on his deficit.

Source: Forbes February 03, 2019 13:07 UTC