I'm not a fan of broad tariffs, but it does appear that the Chinese have decided to come to the table to renegotiate.
Will Donald Trump’s hard-line approach to trade negotiations backfire at some point? Or, using China and North Korea as examples, has his hard-line approach to general politics proven to be more successful than his predecessor Barack Obama?
The US is the largest market in the world and for many years imports have had a detrimental impact on US businesses. Why should the US be a dumping ground for cheap products - often funded by governments around the world.
Maybe there is an argument to suggest that other countries around the world have had far too easy access to US markets in years gone by, something which has not always be reciprocated.
Looks as though DTs hard ball approach may be working - he has indicated that he will re-enter TTP if he is promised better terms for the US:- https://www.indiatoday.in/world/sto...oin-if-offered-better-deal-1211219-2018-04-13
Xi Jinping’s promise to open China’s markets? It’s ‘nothing to do’ with Trump’s trade war threats, say Beijing officials - http://www.scmp.com/news/china/econ...ise-open-chinas-markets-its-nothing-do-trumps
^^ Not so sure timing was inconvenient & think Xi speech was related more to their "2025 Made in China" plans that happened to coincide with US trade war threats, which i think might have more to do with this bigger plan. Why even a trade war won’t derail Made in China 2025 - http://www.atimes.com/article/even-trade-war-wont-derail-made-china-2025/
What about the potential for an actual war in Syria? This is also rubbing the Russians up the wrong way. What does DT have up his sleeve? What is his real goal here?
