Sino-US trade armistice Who is the biggest winner
In the early morning of May 20, Beijing time, the China-US bilateral economic and trade consultations issued a joint statement, officially announcing that the two countries would stop their trade war. President Xi Jinping’s special envoy, the Politburo member of the CPC Central Committee, the vice premier of the State Council and the Chinese leader of the China-U.S. Comprehensive Economic Dialogue, Liu He, said in an interview that the biggest achievement of the Sino-US economic and trade consultations was that the two sides reached consensus and did not fight the trade war. Stop levying tariffs on each other. Moreover, China and the United States will strengthen trade cooperation in the areas of energy, agricultural products, medical products, high-tech products, and finance.