Home United States USA — Financial China Blames Trump for Its Decision to Reneg in Trade Talks

China Blames Trump for Its Decision to Reneg in Trade Talks

291
0
SHARE

Specifically, the Journalquotes unnamed sources as saying that Chinese officials read Trump’s public battles with the Federal Reserve over interest rates as a signal that the…
Specifically, the Journalquotes unnamed sources as saying that Chinese officials read Trump’s public battles with the Federal Reserve over interest rates as a signal that the U. S. economy was weak and so the U. S. might be in a vulnerable enough position that it would acquiesce to China’s toughened stance.
Also, Trump said so many nice things about his relationship with Xi Jinping that China thought he might give them a break on the trade deal.
From the Wall Street Journal:
In other words, if tariffs go up and the trade talks fall apart, it will all be Donald Trump’s fault.
This Taylor Swift defense–“Look what you made me do”–sounds implausible.

Continue reading...