Despite the fact that United States President Donald Trump declared a truce between the U.S. and China in their more-than-a-year-long trade war in Switzerland this week, we shouldn’t expect to see a quick economic turnaround. The problem, as explained by The Hill in their article “ Trump’s ‘phase one’ deal with China won’t undo trade war damage ,” is that “the positive results of the deal remain on paper and in the future, while the damage caused by the bruising U.S.-China trade war will continue indefinitely.” What’s more, “phase one” of ending the trade war is just that–an initial phase, not any lasting or sweeping change. In fact, Trump still stands strong in his position that his tariffs on China are good policy. He told his audience gathered in Switzerland that “these achievements would not have been possible without the implementation of tariffs, which we had to use. And […]