Farmers, energy suppliers at risk as U.S.-China relations remain frosty

China 2897 Cons. Discr. - Autos 1114 Consumer Staples 734 Energy - Conventional 432 Health Care 344 Info Tech - Tech Hardware 736 Trade Deals 976 U.S. 5197

Discussions between foreign ministry representatives of the U.S. and China have done little to defuse tensions between the two countries. China’s foreign ministry has noted that “China-US relations are currently at a deadlock”. That bodes ill for the future of the phase 1 trade deal between the two countries. The most recent semi-annual review in February did not occur and an August meeting appears unlikely. U.S. exports of products covered by the phase 1 trade deal climbed 38.1% year over year in June and by 55.8% compared to June 2017, the baseline year for the deal. Yet, exports in th...

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