Jonathan Swan: “President Trump has no intention of easing his tariffs on China, according to three sources with knowledge of his private conversations. Instead, these sources say he wants Chinese leaders to feel more pain from his tariffs — which he believes need more time to fully kick in.”
“Trump’s trade war with China is at the ‘beginning of the beginning,’ according to a source familiar with Trump’s conversations. And his team doesn’t expect much from the tentatively planned meeting between Trump and Chinese President Xi Jinping on the sidelines of the G20 summit in Buenos Aires next month.”
“The Trump economic team has done no substantive planning so far for the bilateral meeting’s agenda, largely because the purpose of the meeting is for Trump and Xi to reconnect, eyeball each other, and feel each other out amid their escalating trade war.”
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