The U.S. government has cut tariffs on imports of medical supplies from China to mitigate the cost of tackling the coronavirus outbreak. Some U.S. importers of soap and hand sanitizers had been increasing shipments even ahead of the outbreak. Also: China misses phase 1 purchasing commitments by 59% in January; Trump’s China scorecard achieves best January result since 2012; China still losing the trade war during the trade peace; initial trade implications of the oil price collapse; China’s unsurprising trade slump; and the calm before another storm in shipping rates.
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