The South China Morning Post and the Wall Street Journal's confirmed Sinocism's reports that Liu He will be coming to DC and that Liu and Steve Mnuchin had a phone call Friday. I am hearing President Trump is concerned about the stock market and the likely economic impact from increasing the 10% tariff rate to 25% January 1st and adding tariffs to the remaining imports from China. Xi really does not want this economic and political headache and so is very willing to cut a deal, though I also keep hearing the Chinese have yet to offer anything really interesting. The odds of a short-term deal may be going up, but I wouldn't expect it do anything to address the broader issues in the relationship.
US-China talks; Party over for self-media; F…
Sign up to like post
The South China Morning Post and the Wall Street Journal's confirmed Sinocism's reports that Liu He will be coming to DC and that Liu and Steve Mnuchin had a phone call Friday. I am hearing President Trump is concerned about the stock market and the likely economic impact from increasing the 10% tariff rate to 25% January 1st and adding tariffs to the remaining imports from China. Xi really does not want this economic and political headache and so is very willing to cut a deal, though I also keep hearing the Chinese have yet to offer anything really interesting. The odds of a short-term deal may be going up, but I wouldn't expect it do anything to address the broader issues in the relationship.
Create your profile
Only paying subscribers can comment on this post
Check your email
We sent an email to with a link to finish logging in.