News Analysis
The worry that the United States and China will engage in a protracted, full-on trade war may be subsiding, even with the continued doom-and-gloom narrative in mainstream media.
Risk of Prolonged Trade War Appears to Be Subsiding
Markets betting that China may be close to capitulating
Despite continued doom and gloom in mainstream media, the risk that the United States and China would engage in a protracted, full-on trade war is subsiding.
A worker monitors a soybean oil production line at an oil refinery factory in Sanhe City, Hebei Province, China, on July 19, 2018. GREG BAKER/AFP/Getty Images
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