The Chinese clarified Tuesday that they are on the same page with the US about achieving a “phase one” deal. I believe the clarification came after US pressure on China to align its messaging with the Trump Administration’s. Bloomberg reported that the Chinese may not buy all the agricultural products President Trump expects them to unless he rolls back at least some of the existing tariffs. I am not sure that will be a dealbreaker for the Chinese side, but why wouldn’t they ask for it in case Trump might agree?
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