How Likely Is A “Phase Two” Trade Deal in 2020?
January 29, 2020 at 08:00 AM EST
After reaching a Phase One trade deal recently, which sent markets to fresh highs, business leaders at the World Economic Forum in Davos, Switzerland are a bit more skeptical that the most recent set of trade negotiations between China and the U.S. will result in a “phase two” deal before the completion of President Donald Trump’s first term.