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.
