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I think that this confrontation between China and the United States will most likely end with yet another phone call between Trump and Xi Jinping, during which they will probably agree on some kind of truce in this trade war — in terms of the exchange of tariff blows — and begin negotiations. They’ll create some large working groups on both sides and start talks on how things should really be structured, and eventually, this will end in a compromise. This could go on for several months, of course, but China will, in some sense, acknowledge that the U.S. has a point.
#USA #China #Economy