It's looking like a US-China trade deal is near — and Beijing will get everything it wanted

[Feng Leng]

It's looking like a US-China trade deal is near — and Beijing will get everything it wanted

• The U.S.-China trade dispute appears to be ending: Signals are pointing to a done deal. Based on those signs, China will continue to run large trade surpluses with the U.S., and it will never accept Washington-imposed reforms of its trade and industry.
• U.S. President Donald Trump was apparently (ill) advised that China's readiness to reduce the bilateral trade imbalance won't be enough.
• An election-bound Trump wants the China trade problem out of the way.

LMFAO another humiliation for USA after so much boasting!

 

[055_destroyer]

I thought USA is winning? What happened?

 

[faithfulguy]

I thought USA is winning? What happened?

It’s a win win. Trump and Xi both can proclaim as the winner.

 

[oprih]

Nice, trump is tired of being a loser so he is now ready to kowtow to China.

 

[Menthol]

If USA fights China for hardworking, I dont think USA will win.

But when it comes to dream, imagination and world changing revolutionary tech, USA is a clear winner.

Chinese society development is not yet reach that level. I think for the next decades, China will still learn and copy from USA.

 

[Feng Leng]

If China, US close a deal, it will be on equal footing

Since the US launched the trade war last year, it has exerted the extreme pressure on China. As a result, it has met the toughest countermeasures from China. The core team of the US administration must have not anticipated that China would take such firm and vigorous revenge. Despite some economic losses, no uncontrollable disturbances have occurred. China's ability to face up to the US trade provocations is one of the key factors that has shaped the atmosphere of negotiations.

It's been almost a year since the trade war began, and the clock is ticking toward the US general elections. The tipping point of the US economic growth is also getting closer. Washington has less room to impose pressure on other countries at will. Such changes are favorable for China and the US to carry out talks as equals.

LOL the Chinese are just waiting this one out until Trump loses the next election