The U.S.-China trade war reached its second anniversary on Aug. 21, 2019 with the first shot defined as being the U.S. section 301 review of China’s intellectual property practices. At that stage the U.S. trade deficit with China had reached $355.6 billion in the 12 months to Jun. 30. 2017. This report outlines nearly 50 events in seven phases – including an outlook to the end of 2019 – that have defined the trade conflict. They’ve culminated with the U.S. trade deficit reaching $405.4 billion in the 12 months to Jun. 30, 2019. In the most recent phases, talks between President Xi and Pr...