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China To Demand Lifting Of Huawei Ban As Precondition For Trade Truce
Guess what? China wants the Huawei ban lifted.
In the weeks since the Trump administration blacklisted China's corporate crown jewel, it's become clear that the move to cripple the tech giant by cutting it off from US technology was a bridge too far for Beijing. Placing Huawei on Commerce's entity list clearly suggested that Donald Trump has more in mind than simply addressing bilateral trade deficits and leveling the proverbial playing field.
Following the Huawei bombshell, Chinese state medi
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I can’t really tell from the news story, but I think the granularity is important: is the implication that these are conditions that must be met before the negotiations even restart (i.e. at the G-20), or are they just conditions that have to be met to reach the final deal?
There’s a pretty striking difference between those two, given Trump’s MO of initiate tariffs before negotiations and then keep them on after negotiations as compliance insurance. Less than 0% chance that Trump would fulfill those conditions before restarting the negotiations.
yeah, nobody knows. which, you’re right, is pretty hilarious
Yeah, no way this will work out. The only question is how high the escalation goes and when it begins.