Trump Lowers Tariffs on China: Are the Trade Wars Over?

Compare news coverage. Spot media bias. Avoid algorithms. Try Ground News today and get 40% off your subscription by going to https://ground.news/tldr

Order a copy of Too Long: https://toolong.news

After a turbulent few months of tit-for-tat tariffs, the US and China appear to have finally made up with the two sides putting out a join statement outlining a reduction in tariffs for the next 90 days. In this video, we're taking a look at what was agreed, and why this probably looks a lot like the Phase One deal negotiated in 2020.

📰 Too Long: https://toolong.news/

💡 Got a Topic Suggestion? - https://forms.gle/mahEFmsW1yGTNEYXA

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

//////////////////////////

1 - https://www.piie.com/research/piie-charts/2019/us-china-trade-war-tariffs-date-chart

2 - https://en.wikipedia.org/wiki/China%E2%80%93United_States_trade_war

3 - https://www.bbc.co.uk/news/articles/c4g2089vznzo

4 - https://www.piie.com/sites/default/files/2024-09/wp24-20.pdf

5 - https://truthsocial.com/@realDonaldTrump/posts/114477628854583525

6 - https://www.gelliottmorris.com/p/data

7 - https://www.ft.com/content/92887b83-1b99-4d69-ba70-6bc812e23dbe

8 - https://www.piie.com/research/piie-charts/us-china-phase-one-tracker-chinas-purchases-us-goods

00:00 - Introduction

01:15 - Context

03:49 - The New Deal

07:26 - Sponsored Content