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A U.S.-China deal won’t end economic uncertainty
The U.S.-China trade dispute is not just about unfair practices or a large trade deficit. It has deeper roots, with origins in Beijing’s aspiration to become a globally dominant leader in several technology sectors. That ambition – and Washington’s wariness of it – will not abate anytime soon. So while a trade deal may be likely before the 2020 election, U.S.-China tensions over technology leadership are only beginning.