Friday, January 17, 2020

Hit the Pause Button: We Have a New Trade Deal

The long-awaited U.S.-China trade deal has arrived.  It's packaged up nicely -- even might have a bow on it.  Sign, sealed, and delivered to us with good tidings from President Trump.  The deal includes some significant changes to the economic relationship between the world’s two largest economies.
Among the biggest questions going in to the negotiations with China was how any agreement would be enforced. Having watched previous agreements with China fail to live up to their promise, many American experts and business executives were skeptical that the Trump administration could get China to keep the commitments it makes.
Take a look at what's in (and not in) the U.S.-China trade deal – brought to you by Peter Eavis, Alan Rappeport and Ana Swanson, the New York Times.

I still say this will be the year of "play it safe" for global small business owners.

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