Indecision and lack of a cohesive plan or objective, says analysts and many economists, are giving China the upper hand in trade negotiations with the Trump administration.
Certainly with so many foreign and domestic fires burning at the same time (possible impeachment, our withdrawal of troops from northern Syria and abandonment of the Kurds, just to name two), the President needs a win, but the news of a “limited” deal with China is driving additional concerns instead.
“Why is this deal a win for China? Because it’s the “limited” deal Beijing wanted all along. A tariff relief in exchange of some agriculture exports, without addressing any broader issues.”
Check out the full piece by Panos Mourdoukoutas on Forbes.com.
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