While President Donald Trump and Chinese President Xi Jinping a have agreed a truce in the US-China trade war for a period of 90 days, many Pacific Rim supply chain managers may still feel they are living on borrowed time.
“The truce signed at the G-20 Summit signals that renewed bilateral trade dialogue will intensify in early 2019 to try to find a compromise bilateral trade deal,” said Rajiv Biswas, Asia Pacific Chief Economist at IHS Markit. “However, China would need to agree to very substantial measures within 90 days in order to negotiate a compromise trade deal.
