Investor uncertainty due to the trade war has caused stock market turbulence.    WASHINGTON/BEIJING (Reuters) – Major U.S. and Chinese trade parties are expected to re-commit to a Phase 1 trade deal in a review on Saturday, although China`s promised purchases of U.S. exports are well short of schedule. Other senators from both parties have criticized Trump for the trade war, including Charles E. Grassley, Tim Kaine, Mark Warner, Elizabeth Warren, and Ron Wyden.  Former U.S. Trade Representative Wendy Cutler shared another finding and recently wrote in a comment: “RCEP is another reminder that our Asian trading partners have developed confidence in cooperation without the United States.” On December 4, 2018, the Dow Jones Industrial Average had its worst day in nearly a month, when it fell nearly 600 points, in part due to the trade war.  On December 26, the Dow Jones recorded a rise of 1,000 points after the publication of a report that reported significant Christmas sales, although the main indices fell by more than 10% in December 2018 in the midst of the trade war.  Green says the U.S. will “regret” being on the sidelines of two major multilateral agreements. He says this will bring two benefits to China: “First, a narrative in the region will make China the new leader with the most influence on trade and the implementation of rules. And the second is that it will reduce trade barriers with China at a time when the U.S.
is doing nothing to reduce trade barriers with the U.S. “I think this may be a useful pause in the downward spiral of U.S.-China relations,” Susan Shirk, a professor at the University of California, San Diego, said of the trade deal. The mayors of Davenport and St. Gabriel, who represented cities heavily dependent on the agricultural sector, expressed concerns that the trade war would have their cities.  There is no reason why China did not achieve the objectives of the first phase. The COVID-19 pandemic initially put the Chinese economy on the trail, but trade recovered faster than most. And some U.S. exports to China — including medical care, pork and semiconductors — have actually accelerated in 2020. . .