
How is the U.S. still stuck in a trade war with China?
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<p>Two years ago, former President Trump signed the phase one trade deal between the U.S. and China, stipulating that China would buy an additional $200 billion worth of U.S. goods over pre-trade war levels by the end of 2021. That didn’t happen, and President Biden has criticized China for not living up to its commitments while also criticizing the trade deal itself. We spoke to Paul Krugman, Nobel laureate and New York Times columnist who recently wrote about the issue, about where the trade war has left the U.S. and what could happen next. <span style="font-weight: 400">The White House is poised to announce new economic sanctions to punish Russia after Vladimir Putin recognized two break-away regions of Ukraine as independent states – and ordered Russian troops into those areas.</span></p>
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How is the U.S. still stuck in a trade war with China?
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