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‘The Real Surprise Is That It Took Trump Until Sunday To Blow Up’: Trade Outlook Sours Further As Details Of Rift Emerge
Slowly but surely, a more complete picture is emerging of what went wrong between the US and China as trade talks entered what most observers believed was the home stretch.
Earlier this week, reports indicated that US negotiators were blindsided by Beijing's refusal to change Chinese law in pursuit of a deal. That, apparently, cast doubt on whether some key sticking points, including forced tech transfer, were in fact resolved.
Fast forward to Wednesday, and Reuters is out with the most detail
Trumps position will get weaker over time, campaign season is getting close. Look for them to roll over and declare victory. I wonder if he realizes that Xi does not need to worry about elections?
I’m not seeing how tariffs don’t go up Friday and yet the markets seem relatively complacent
This is not merely a mind game played out by two leaders that have Domestic agenda to fulfill . This in fact is being played out in a Geopolitical agenda that is looking forward at the World in 20 years .In the light of that , major concessions come very hard if they are matched with any intent what so ever to honor them…NO SUBSTANTIAL DEAL IN THE CARDS………sorry about that..
Is the consensus that China says warm fuzzy things on Thursday and the tariff deadline gets extended? How does Trump not look like he’s being played if that happens?