US Trade Delegation; Public Opinion Manageme…

The large US trade delegation is heading to Beijing. The Chinese side is clearly signaling that the core, structural issues for the US will not be up for discussion. Is the best case outcome some sort of face-saving, market-placating deal on tariffs and the deficit while leaving the structural problems for a later set of battles? Politically Trump likely wants something he can call a "win" while avoiding tariffs on key constituencies that could hurt GOP candidates in the Fall mid-term elections.

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