Afternoon Coffee: U.S., China Consider Easing Trade Tension; How Supply Chains Can Use Climate Change Report

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The U.S. and China are exploring ways to ease trade tensions that could delay more tariffs until the spring and lead to talks about changes in Chinese economic policies, The Wall Street Journal reports. Officials in both countries confirmed the development, saying that talks would focus on trade “architecture,” the Journal reports. The presidents of both countries will be at the G20 Summit in Argentina this weekend and plan to have dinner Saturday night.

Supply Chains and the Climate Report

The dire climate report released recently by the Trump administration provides a roadmap for supply chains to prepare for a shrinking U.S. economy brought on by global warming, Supply Chain Dive reports.

“The report presents the threat in the context of fixed assets on which supply chains depend,” the Dive reports. “It paints a picture of a future that is not simply more volatile with more extreme and more frequent weather events — but where some changes will be permanent and ongoing.”

U.S., Britain Reach Aviation Deal Ahead of Brexit

The United States and Britain agreed to an aviation deal, preventing a feared disruption as the UK plans to leave the European Union, the New York Times reports. “Airlines for America said that around 20 million passengers and more than 900,000 tons of cargo fly between the United States and Britain every year — about one-third of all flights each year between the United States and Europe,” the Times reports.