Morning News: China Trade Deal Shortfall, Banks Offering Crypto

A.M. Edition for Jan. 4. China has failed to live up to its end of a 2020 trade deal with the U.S., buying far fewer American products and services than promised.

But will President Biden retaliate and risk reigniting the trade war? WSJ’s Josh Zumbrun walks us through China’s lackluster spending and the options facing the White House as it considers its response. Luke Vargas hosts.

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