President Donald Trump has postponed until at least April the supposed deadline for concluding the United States’ trade negotiations with China. A good outcome for both sides would be reached if China agreed to protect property rights better and reduce the state’s role in its economy; the US agreed to strengthen national saving and public investment; and both sides agreed to reverse their recent tariff increases. Unfortunately, this is not the deal that is likely to materialise.
Orange man and Xi Jinping miss a trick over trade | Jeffery Frankel
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