WSJ: U.S., China Exploring Deal to Ease Trade Tensions

[SteveM]

https://www.wsj.com/articles/u-s-ch...se-trade-tensions-1543508589?mod=hp_lead_pos4

By
Bob Davis and
Lingling Wei
Nov. 29, 2018 11:23 a.m. ET

BUENOS AIRES—The U.S. and China, looking to defuse tensions and boost markets, are exploring a trade deal in which Washington would suspend further tariffs through the spring in exchange for new talks looking at big changes in Chinese economic policy, said officials on both sides of the Pacific....

 

[Scataphagos]

The Chinese have a nearly $1 TRillion annual trade advantage over the US (Odumbo gave it to them, you know... all part of his desire to "send jobs to China and destroy America").... and they want to keep it... or as much of it as possible. Trumpy is trying to "balance that out".

All of this hopeful talk about "Xi and Trump going to talk about it"... mostly/all merely theater. China will "whine like a little girl" to keep their advantage and will give up any part of it only grudgingly if they have to. Expect lots of talk, little action... at least in the near term. (Xi said, "... If Trump tries to take away our trade advantage, it will lead to a world-wide depression and WWIII". How much more "theater" could there be than that?)

Don't expect China to "cave, big time"... this trade squabble is likely to continue for YEARS!