US-China 'phase one' deal is 'hollow' and 'ridiculous,' Yale academic says

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US-China 'phase one' deal is 'hollow' and 'ridiculous,' Yale academic says
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The preliminary agreement, which is intended to pave the way to a more comprehensive deal, was hailed as a 'very substantial phase one deal' by U.S. President Donald Trump in October.

According to Roach, however, the deal would be more of a political win than an effective move toward tackling the underlying problems that sparked the trade conflict.

Analysts have been weighing in on the implications of the "phase one" deal being signed for several weeks.

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