“Perhaps nobody was more surprised to hear that China had called President Trump’s administration to restart trade talks than the government in Beijing itself,” Bloomberg reports.
“After a weekend of confusing signals, Trump’s credibility has become a key obstacle for China to reach a lasting deal with the U.S., according to Chinese officials familiar with the talks who asked not to be identified. Only a few negotiators in Beijing see a deal as actually possible ahead of the 2020 U.S. election, they said, in part because it’s dangerous for any official to advise President Xi Jinping to sign a deal that Trump may eventually break.”
“China has prepared contingency plans in case of a no-deal scenario, three officials said, including putting U.S. companies on its unreliable entity list and stimulating the economy.”
Politico reports that Trump, when questioned over his tactics, said: “Sorry, it’s the way I negotiate.”
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