There’s no sign of a de-escalation of tensions between the U.S. and China over the former’s duties on, and latter’s retaliation over, products covered by the section 232 and 301 reviews. The Chinese government has said there “have been no negotiations” and it “will resolutely fight to the end”. The Trump administration’s focus appears to be on agriculture. It may revive the Commodity Credit Corporation to provide subsidized loan support and other payments to farmers. China’s retaliation against both the section 232 and section 301 cases targets duties on American agricultural exports wor...