U.S. Trade Representative Robert Lighthizer keeps saying that the trade deal depends on Beijing. BRENDAN SMIALOWSKI/AFP via Getty ImagesDoes this China phase one mini-deal inspire any confidence? Lighthizer hinted over the weekend and again on Monday that if China hardliners took over the process and reneged on portions of the deal, phase one was a goner. “We don’t actually know what’s up yet with this trade deal,” says Morgan Harting, a fund manager for Alliance Bernstein. The phase one trade deal is on a razor’s edge.

Source: Forbes December 17, 2019 12:30 UTC