Sunday, August 19, 2018

IS TRUMP WINNING AGAIN?

WINNING!

Well lookie here, on the front page of the Wall Street Journal today:
U.S., China Plot Road Map to Resolve Trade Dispute by November Chinese and U.S. negotiators are mapping out talks to try to end their trade standoff ahead of planned meetings between President Trump and Chinese leader Xi Jinping at multilateral summits in November, said officials in both nations. 
The planning represents an effort on both sides to keep a deepening trade dispute—which already has involved tariffs on billions of dollars of goods and could target hundreds of billions of dollars more—from torpedoing the U.S.-China relationship and shaking global markets. 
Scheduled midlevel talks in Washington next week, which both sides announced on Thursday, will pave the way for November. 
Of course, talks alone don’t assure a deal can be reached. But it does seem to me that China has blinked first.

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