How China and the US are heading for win-win cooperation on one issue, at least – steel

//How China and the US are heading for win-win cooperation on one issue, at least – steel

How China and the US are heading for win-win cooperation on one issue, at least – steel

Steely determination is required to resolve differences on US-China trade, but common ground can be found on the issue of steel production. Washington argues that Chinese overproduction in the steel industry has led to price distortions in world markets. While Beijing doesn’t have to agree with that assertion, it does wish to address steel production as it looks to reduce China’s carbon emissions.Beijing and Washington could forge a steel-plated win-win situation.No punches were pulled in the…

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By | 2021-04-06T14:00:13+00:00 April 6th, 2021|Business|Comments Off on How China and the US are heading for win-win cooperation on one issue, at least – steel