Research looks at possible East Asian trade deals

Container ship at sea

Two proposed East Asian trade agreements could offset global losses from a sustained US-China trade war, research published by the Peterson Institute for International Economics finds.

The increase in global incomes may not, however, be enough to make up for losses in the US and China individually, Peter Petri and Michael Plummer find.

The Regional Comprehensive Economic Partnership (RCEP) is a proposed regional trade block made up of 15 countries with key roles for China, Japan and South

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