That Was … Easy (?) China Agrees To ‘Significantly Increase’ Buying Of U.S. Goods: Joint Statement

It's too bad markets aren't open, because one would think risk assets would be staging a knee-jerk rally right now. Following reports out late in the work week that the Chinese had offered Trump a $200 billion reduction in the trade deficit (or, more to the point, offered to hit his number as communicated to Beijing when Mnuchin went for a visit earlier this month), the White House is saying China has agreed to "significantly increase" their purchases of U.S. goods. That comes from the followi

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2 thoughts on “That Was … Easy (?) China Agrees To ‘Significantly Increase’ Buying Of U.S. Goods: Joint Statement”

We need Heisenberg to un-spin the latest NYT and Wapo stories about Halper. Krugman just muddied the water, and trumpers are controlling the story without serious analysis and context.

In other news it appears the DPRK will be giving Trump 60 odd nuclear devices on a silver platter at next month’s summit in return for a piece of chocolate cake.