As Trump Moves to End Trade War With China, Business Asks: Was It Worth It?

03/05/2019

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Ana Swanson and Jim Tankersley | The New York Times

WASHINGTON — The pain of President Trump’s trade war with China may soon be over, but American businesses and farmers are left wondering whether it was worth the trouble.

Negotiations with the Chinese are continuing, and Mr. Trump could still secure more concessions to balance out a trading relationship he has long criticized as unfair. But details of the emerging deal paint a familiar picture of Beijing making vague promises to change its economic practices that could be easy to delay and difficult to enforce.

While previous administrations have tried to cajole China into changing its behavior, Mr. Trump has used a blunt instrument: deploying punishing tariffs to win concessions. That has given the United States a remarkable amount of leverage, but it has also taken a heavy toll on farmers, automakers, manufacturers and other businesses with exposure to China. 

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