Trudeau urged U.S. not to sign China trade deal unless Canadians freed
In year-end interviews, Prime Minister Justin Trudeau says he urged the United States not to make a trade deal with China until Canadians Michael Kovrig and Michael Spavor are freed.
After more than two years of escalating tarrifs and a seemingly never-ending trade war, the US and China have agreed on a first step towards a truce.
If it holds, it could be a boost for U.S. President Donald Trump in an election year.
But who will benefit the most from this initial phase of a broader trade agreement?
China has promised to open up its markets and buy more US goods.
In exchange, the US will lift some tarrifs. Yet most will stay in place - and that's where the problems start.
So, could this really be the beginning of the end of the trade war between the US and China?
Presenter: Richelle Carey
Dan Wang, analyst for the Economist Intelligence Unit's Access China Service.
Hosuk Lee-Makiyama, Director of the European Centre for International Political Economy and a former Swedish Representative to the World Trade Organization.
Phil Caruso, Member of the Defense Council at the Truman National Security Project and a former Intelligence officer in the US Air Force. U.S. President Donald Trump speaks about the new trade deal he signed with China at the State of the Union address at the U.S. Capitol, Tuesday, February 4.
- - - - - - - - - President Donald Trump signs the United States-Mexico-Canada Agreement, a new trade deal that will replace NAFTA, the North American Free Trade Agreement. The president put his signature on the renegotiated trade deal during a ceremony at the White House on Wednesday.