The U.S.-China Trade War Could Drag On For A Long Time

  • 📰 Forbes
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

United States Headlines News

United States Latest News,United States Headlines

Trade negotiations with China could resume soon, in the flash of a tweet. But it will take a long time to reach a deal, and much longer to seal it

.

That’s according to Johan Gott, principal in the consumer and retail practice of global management consultant A.T. Kearney and head of its Trade Wargaming initiative.. “First, there’s no deal on the table and negotiators have been struggling to make headway.The scope of negotiations is much wider and addresses core Chinese industrial policies and envisions sweeping safeguards.”

And there’s the “big picture,” the whole context, which is quite different in the two trade disputes, according to“Drilling further down, the whole context of the Canada and Mexico metals agreement is very different,” he explains “The agreement on metals tariffs between U.S. and Canada/Mexico is technically just an exemption from the larger Section 232 metals tariffs, a very important one, given the volumes imported from Canada and Mexico.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

China knows Trump will have to get a deal done before election season. If they can weather it, their strategy might be to simply run out the clock.

saad_aldossary2 It’s ok. I stopped buying cheaply made slave labor garbage along time ago. I for one want quality not crap

Don't pay China and buy American

Asians do not negotiate

My money is on there will be no “ deal “ with China. Trump will bring back some garbage and tell us he won. Happy days. Problem solved. 😀

Bottom line China and sell us a Precision manufactured part hardened finished cheaper than we can buy the raw material to build the same part something is wrong here

Go Trump go

Let's just do the nuclear war that the republicans want with anyone that isn't american and lets get this planet over with.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

661 Companies, Trade Associations Plead With Trump To End China Trade WarBusiness sector warns Trump that his tariffs are hurting jobs and millions of American consumers. HE WON`T CARE HE`S tariff man
Source: YahooNews - 🏆 380. / 59 Read more »

World Trade Centers Predict Trade Uncertainty Will Worsen, China Eyes MexicoThe World Trade Centers Association released a survey showing its to executives expect trade tensions to worsen.
Source: Forbes - 🏆 394. / 53 Read more »

U.S. farmers experimenting with hemp as China trade war drags onA growing number of U.S. farmers battered by low grain prices and the threat of ... Duuuuuuuude... Then they dug and they burned And they burned and they dug And they killed all our cute little weeds Then they drove away We just smiled and waved Sittin' there on that sack of seeds! Shame it takes pocketbook damages to consider 'alternative' crops, isn't it? Hemp is very NOT pot, we already know it grows fast and makes good, biodegradable plastics, paper, textiles, building materials, and even fuel, but, the masses still basically buy, 'Reefer Madness...'
Source: Reuters - 🏆 2. / 97 Read more »

Trump: There's no deadline for imposing new tariffs on ChinaPresident Trump said he doesn't have a set deadline for imposing new tariffs on China. Losing the will to live regarding this incessant trade war bullshit from Trump .................TRUMP's waiting for his shipment to arrive.................... You mean he doesn’t have a plan
Source: CNBC - 🏆 12. / 72 Read more »

BlackRock Thinks China Can Weather Tariffs On EverythingWall Street wants more stimulus from China in the event of a full-blown trade war. China cannot weather companies leaving and people without jobs. They do not have enough money to subsidize everyone.
Source: Forbes - 🏆 394. / 53 Read more »

Rare earths give China leverage in the trade war, at a costThe chemicals used to extract rare earths create toxic run-off. For years China was more willing to bear that cost than other countries Aiuto aiuto not any longer Siberia had enough and Kremlin disappointing by management over there
Source: TheEconomist - 🏆 6. / 92 Read more »