Trade insiders say Trump’s botching chances of a China deal

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Trade insiders say Trump's aggressive moves with China are botching his chances for any long-term trade deal

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But trade insiders say Trump’s shoot-from-the-hip style has left officials working around decisions made quickly without regard for whether they'll make it harder to reach a deal with China. The president himself seemed to acknowledge Monday that Chinese President Xi Jinping has not responded to the tariff increases by conceding to U.S. demands.

Chinese state media on Tuesday sought to undercut U.S. leverage in the trade talks, highlighting 20 directives the Chinese government released to boost domestic consumption. “China’s economy is increasingly driven internally, it’s more and more difficult for the US to press China to make concessions,”“The Chinese want to be seen as still willing to talk. They don’t want to be seen as walking away,” said James Green, who was the top trade official at the U.S.

Few presidents have been as vocally engaged in negotiations as Trump. Most preferred instead to provide direction from behind the scenes and to let their trade officials do most of the talking. Although Trump defends his erratic negotiating style, it’s difficult for the Chinese and others watching the talks to know how seriously to take any single statement or threat he makes.

 

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That is the fundamental difference between business and politics. Business can have a “winner takes all” outcome. Politics can not. Trump needs to understand that.

Trump has a year or so to get a really good deal done. Xi has as long as he wants. Good luck with that. Trump will probably make a worse deal than we had before and declare victory.

The tactics that made him such a winner in the business world?

Are these experts criticising Preaident Trump the same experts that have been wrong for the last 3 decades or so? Yep, they have a lot of credibility. Clowns!

You do know that there is no short or long term with China, only the present...

Trumps dumb!

How well have they done for him, anyway? How many failed products and real estate deals? How many bankruptcies? His iage as a tycoon is a reality TV illusion.

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