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The Coronavirus Is Making The Energy Sector Ill But Ending The Trade War Would Heal It

March 18, 2020

Via: Forbes

With the threat of a worldwide pandemic, the Trump administration would be advised to quickly ease trade tensions with China. The coronavirus is disrupting global supply chains — a phenomenon that will likely continue for several months.

China has promised to buy $200 billion worth of American farming and energy products over two years as part of a negotiated truce. While the vow has always been iffy, it’s even more problematic now: an interconnected market place has been sickened by the coronavirus, which has delayed the production and delivery of goods, sending national economies into a tailspin. And as consumers hold back, demand falls and compounds the downturn.

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