Phase one trade deal gives Donald Trump bragging rights but phase two is likely a mirage, analysts say

As US President Donald Trump prepares to sign a phase one trade deal with China on Wednesday morning, trade experts see it as more of a political document than an economic road map with little chance it will inspire a meaningful phase two agreement any time soon.But despite the scepticism, the accord hits the pause button on the turmoil, threats and mercurial negotiating that have characterised US-China trade relations over the past 18 months, they add.Confirmed: China to make huge purchases of…

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