China's top trade negotiators are in the U.S. meeting with our representatives.
China does not want an increase in Tariffs and feels they will do much better if they make a deal.
Trump meets Xi in China immediately after a second summit with North Korea's "Rocket man" Kim Jong Un: that makes for truly spicy Kim-Xi! What does the US want? A real China trade deal and Kim in their camp as a threat to China.
What does China want? A superficial trade deal and Kim back in their camp.
What does Kim want? Economic aid, to be seen as a nuclear power, and to be in everyone's good books so he can get Chinese trade and still get to take selfies with the public elsewhere.
How is the US going to react on trade if Kim insists on not disarming, or on the US leaving South Korea? How will China react on trade if Kim decides he wants a Miami condo more than one in Hainan? And how will Trump react if Xi won't give him his deal, and Xi react if Trump won't bend? There are so many possible permutations.
Circling back, what if the US does strike a China trade deal, and only US firms get the benefits, not EU? That said, yesterday also saw news that the EU is considering a ban on Huawei for 5G too, so it also seems to be hedging its bets.
https://www.zerohedge.com/news/2019-02-01/spicy-kim-xi
China does not want an increase in Tariffs and feels they will do much better if they make a deal.
Trump meets Xi in China immediately after a second summit with North Korea's "Rocket man" Kim Jong Un: that makes for truly spicy Kim-Xi! What does the US want? A real China trade deal and Kim in their camp as a threat to China.
What does China want? A superficial trade deal and Kim back in their camp.
What does Kim want? Economic aid, to be seen as a nuclear power, and to be in everyone's good books so he can get Chinese trade and still get to take selfies with the public elsewhere.
How is the US going to react on trade if Kim insists on not disarming, or on the US leaving South Korea? How will China react on trade if Kim decides he wants a Miami condo more than one in Hainan? And how will Trump react if Xi won't give him his deal, and Xi react if Trump won't bend? There are so many possible permutations.
Circling back, what if the US does strike a China trade deal, and only US firms get the benefits, not EU? That said, yesterday also saw news that the EU is considering a ban on Huawei for 5G too, so it also seems to be hedging its bets.
https://www.zerohedge.com/news/2019-02-01/spicy-kim-xi
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