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Winners, Losers And The Future Of The Trade War Post-G20
Wall Street takes on the Osaka truce between Donald Trump and Xi Jinping are trickling in.
Generally speaking, the "agreement" (if that's the right word) was in line with most analysts' base case headed into the weekend. Consensus had formed around the idea that Trump would likely agree to hold off on slapping the remainder of Chinese goods with tariffs and that the two leaders would agree to restart stalled talks.
Trump's apparent Huawei relent was a bit of surprise and, for Goldman, has the
How is this bullish? China will just keep us twiting in the wind, unless they can make a very advantageous deal (for them). Otherwise, they’ll just wait for the election, and see what happens.