From S-301 to PRC-70 – A Roadmap for the U.S.-China Trade War (Update)

Ags - Grains/Beans 249 China 2600 Cons. Discr. - Apparel 372 Cons. Discr. - Autos 952 Cons. Discr. - Retailing 309 G20 31 Info Tech - Tech Hardware 622 Tariffs 1645 U.S. 4625

The U.S.-China trade war is nearly two years old with a tentative pause in the escalation of hostilities. A pause in further tariff increases following a G20 meeting at the start of July 2019 between President Xi and President Trump included commitments to no further escalation and increased Chinese agricultural purchases. Talks at the end of July have potentially unlocked $1.5 billion of sorghum, corn and pork purchases as well as a commitment to enter more detailed talks in September according to Panjiva’s data analysis. Supply chains aren’t out of the woods however. The trade war has ...

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