Market Data
February 11, 2022
CRU: U.S.-China Relations—Stuck in the Middle with You
Written by CRU Americas
By CRU Economist Veronika Akhmadieva and CRU Senior China Economist Henry Hao from CRU’s Global Economic Outlook, Feb. 14
The last day of 2021 marked the end of the two-year period during which China agreed to increase imports of certain goods and services from the U.S. by a combined $200 billion. These targets have been missed by a wide margin. In this Insight we discuss what could come next for U.S.-China trade relations. It is possible that trade relations will either improve or get worse over the next year – but we think the U.S. political landscape means the most likely outcome is that they will remain “stuck” where they are, without significant new tariffs being introduced but also without existing ones being rolled back.
