US-China Trade War 3

This is an update. It is good that China and the US agreed to talk. According to a GS note, it is estimated that 16M in China lost their jobs due to the trade war. On the US side, Trump certainly would like to get a deal in a few months so that the Republican has a chance to hold power in next year’s midterm. If not, Trump’s last two years can do little. But it will not be easy since a deal with China could take more than a year. 

AEI's Derek Scissors’ interview gives a good assessment.  

References: 

1. China is going to see the writing on the wall, GOP senator predicts (5-8)

2. Kudlow: This could really bring China's Xi Jinping down (5-8)

3. *AEI's Derek Scissors: Here's what to expect from U.S.-China talks (5-8)  

4. Treasury Secretary Bessent reveals expectations ahead of high-stakes talk with China (5-8)  

5. China's economy is 'doing a lot worse' but this is the problem: Economist (5-8) 

6. 'STUNNING REVERSAL': US to meet China in high-stakes trade talks (5-8)  

7. Former Dallas Fed Kaplan: Need to resolve tariff issues before economy slows even more (5-8)  

8. China is ‘not well,’ expert warns over their failing economy (5-7)  

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