by Axios | Updated on 1.11.19
The U.S. and China held deputy-level trade talks in Beijing earlier this week. The discussions lasted one day longer than planned and both sides issued vague but mildly positive official statements about the discussions.
My thought bubble: The Chinese do need to make a deal, both because the trade conflict is exacerbating underlying problems in their economy and also because I hear Xi is quite concerned about the possibility of U.S. decoupling from China, especially in technology.
What's next: The Wall Street Journal has confirmed that Vice Premier Liu He, China's lead negotiator, will come to Washington, D.C. to continue the negotiations.
The bottom line: I expect that the Chinese offer will fall far short of what U.S. Trade Representative Robert Lighthizer wants, but using a mixture of big purchase commitments, unofficial lobbying, flattery and headline concessions, it will ultimately prove enough for Trump.
Written by Axios
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We cannot win a trade war with China! The ones who suffer from this asinine situation are the Working Class and Working Poor. As he has proven time and again, #45’s only concern is for himself, the business that bears his name and for his family. That is it. He cares nothing for his base. He cares nothing for ‘regular’ working Americans who live paycheck to paycheck. If anyone was ever in doubt of where the Bozo-in-Chief’s interests lie, look no further than the hostage situation with over 800,000 Federal employees.
Trumps trade war seems like something he started to distract coverage of him. I think China would react much better if we address the as a large economic power. The are a world player and our economy could benefit. There are issues, but there are issues with Russia and this administration goes out of its was to kiss Putin’s backside. Xi will be better as an ally instead of an enemy.
Chinese I’ve been stealing for centuries and the Democrats have destroyed this country
Tariffs are a JOKE!! No country pays these tariffs -WE, THE PEOPLE OF THE US ARE PAYING THISE TARIFF TAXES THRU HIGHER PRICES FOR EVERYTHING AND OUR MANUFACTURING & FARMING ARD PAYING THE PRICE NOT BEING ABLE TO SELL GOODS. THE TARIFFS & TRADE WAR IS RIDICULOUS & UNNECESSARY
Beijing supported HilLIARy.
We have fallen so far behind we need this trade war until other countries agree they are taking advantage of us.
Trump said it easy to win a trade war! So what is up? All you have is losers in a trade war! It called Negotiation, which this president does not know the Art of the deal, other than the writer that wrote the book for Trump!
The idiot in office is destroying our standing in the world and destroying the people of America
👍🏻 CHINA 🇨🇳 - USA 🇺🇸 TRADE RELATIONSHIPS 👍🏻 We need to maintain a partnership with China and have a reciprocal trade agreement which would benefit both countries economies. SneakyPete.......... 🤔👍🏻👍🏻👍🏻🤔. 1*12*19...........
I oppose. There is no way we can win a trade war with a country of 2 billion people. There are plenty of ways to negotiate and monitor the disputes we have with them. The only people hurt by this trade war are the workers that use the tariffed goods. Farmers have been decimated. I read last week that Putin assured China that they would sell them whatever grain they wanted. That’s what will happen to our markets...
A stupid act by a stupid “man”.
This is a big mistake made by the so called deal maker in the White House. He's done nothing to help our country of the economy and more importantly the soy bean farmers who got screwed over with his so called trade deal with China. I wonder what side deals Comrade Bone Spurs and his useless children have made with China that does nothing for our country, but benefits them.
Trump can’t even negotiate a good con. That’s why his daddy kept bailing him out. He has others do the work and the negotiating because he doesn’t really know how. Pulling out of the TPP was problematic, starting the trade war with China was designed to benefit Trump and his family, no one else. Follow the money.
We need to be part of a global society because we have too much at stake
It's just another disconnect from reality by the illegitimate president. We're not winning and we won't. Unless you count the Everyday Low Prices that won't be.
Another ill advised Trump ego move. I hope Trump likes to eat soybeans
I feel this is another issue Trump is approaching on a personal level vs. a practical/what’s really best for the US. He’s hurting the American people in his effort to “win.”
Trade wars bad for all involved
China should have been dealt with in collaboration with our allies.
The failure to enter into the TPP removed the leverage we could have gained over trade with China. Just one more reason it shows Trump is a terrible negotiator and an even worse President.
Trump makes up a crisis and rushes in to fix it, screws up whatever it is, finally let’s it roll back to where it was before he intervened, and claims victory. In the meantime he costs the tax payers more money and the stock market and economy take a hit. This trade crisis is no different - manufactured by Trump because he doesn’t know how to lead and only postures for his base in hopes they will vote for him again. Such a sad time for US politics when we appear to be so ignorant to the rest of the world that we inhabit.