It’s a tall order, but one that President Trump needs – with the Hanoi summit in ruins and personal scandals encircling ever more closely. The Trump administration’s plan is to agree to lift tariffs on Chinese goods in exchange for Beijing lowering their own, along with a Chinese mass purchase of American products and new commitments to protect intellectual property.
Davis unpacks the complexities of the superpower trade deal and offers his analysis of the potential winners and losers. He is a China expert and has covered economic issues and China since he was posted in Beijing from 2011 to 2014. On this episode of Altamar, we are joined by Bob Davis, Senior Editor for The Wall Street Journal. But will the negotiations go smoothly? The terms are vague, and Trump and Xi both have a lot to lose – or gain – from a deal.
The United States and China are closing in on a trade pact – but can it hold up? With Trump and Xi calling the shots, don’t count on smooth sailing through the negotiations.Īfter more than a year of what can only be described as a trade war between two superpowers, Trump and Xi Jinping are closing in on a formal deal to end the conflict and return home with the first-ever bilateral trade agreement between the U.S.
