There will be no trade deal, it will go on for another 30 years. Forget about trade deal news. This is GOOD for both sides, it means they can move on. I would hope that Trump is smart enough to have recognized this.
1. Listen to Dalio carefully, he correctly surmises that there will be NO agreement because the two approaches are so different.
2. The result then is two world powers - Chinese power will be spread through the use of debt. See silk road initiative, Africa. Any allies that Trump has "alienated" may also switch over to China, but I doubt it. Chinese don't see true allies, they see subservient minions. Perhaps Russia would be an ally, but even Russia looks at China and goes dude wtf sometimes.
1. Listen to Dalio carefully, he correctly surmises that there will be NO agreement because the two approaches are so different.
2. The result then is two world powers - Chinese power will be spread through the use of debt. See silk road initiative, Africa. Any allies that Trump has "alienated" may also switch over to China, but I doubt it. Chinese don't see true allies, they see subservient minions. Perhaps Russia would be an ally, but even Russia looks at China and goes dude wtf sometimes.