The Impact of the new US/China Trade Agreement

Original Article, Blumberg, Authors Maeva Cousin and Tom Orlik

The US/China partial trade deal commits China to buy an extra $200 billion in American products over the next two years. This will require China to shift purchases with other nations which Bloomberg Economics says puts other markets at risk. In 2017, the baseline year for the deal, the U.S. share of China imports in the target categories was 9% adding that the target commitments would increase the share to 17%. The countries facing the highest risks, according to Bloomberg are Angola, the Republic of the Congo and Magnolia, with 57%, 49% and 47% of their total exports in 2017 coming from sales to China in categories covered by the deal. Brazil, Saudi Arabia and Australia are also affected.

Read the original report from Bloomberg here. https://www.bloomberg.com/news/articles/2020-01-22/here-are-the-losers-from-u-s-china-trade-agreement-map