Economics
Trade War ‘Cease-Fire’ Still Likely Before Election, BofA Says
- Conflict may continue after November, no matter who wins
- That’s because there’s consensus on staying tough on China
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A “cease-fire” is still likely in the U.S.-China trade war with a “very weak” phase one agreed before the 2020 elections, Bank of America head of U.S. economics Michelle Meyer said Tuesday.