Bloomberg reported this morning that there will be no Xi-Trump meeting this month to close the trade deal, citing three people. As this newsletter has written, March 29 was mooted as the possible date for a Mar-a-Lago meeting. I am still hearing today that there remains a small chance a meeting could happen then, but clearly the timing is getting very tight. If USTR head Lighthizer travels to Beijing next week there may still be a chance for something to close this month, but I wouldn’t bet on it.
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