Goldman Sachs: Here's what could happen next with the US-China trade war

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Goldman Sachs said chances of a successful deal between the U.S. and China are now lower, but suggested that an increase in tariffs could still be avoided — depending on whether the Chinese bail on their meeting with U.S. negotiators this week.

. He also threatened to impose 25% levies on an additional $325 billion of Chinese goods "shortly."

If both sides end up meeting after all, the tariff rate would rise only if they are unable to reach an agreement by Thursday — before the hike takes effect on Friday, it added. Goldman warned that could be a sign of an extended trade war: "If the upcoming visit is canceled, an agreement in the coming week would then seem very unlikely. In such a scenario an increase in the tariff rate to 25% would become the base case."

 

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Can the trump admintration make up their minds. This is not a card of games, it is your life and my life!

This is more full diaper ranting from child negotiator realDonaldTrump. Trump negotiates like a toddler in cereal aisle. The Chinese gov't just has to call in debt and Trump/GOP Inc will fold.

Someone seems to have put lipstick on two pigs

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