The UK trade agreement was the easy part. China will be exponentially harder
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The UK trade agreement was the easy part. China will be exponentially harder
As Trump administration officials prepare to meet with Chinese officials in Geneva this weekend, it’s tempting to believe the momentum from the United Kingdom trade deal announcement on Thursday will carry over. Don’t hold your breath.“I’m keeping my expectations in check. Tariffs are high. Tensions are high. It’s easier to impose tariffs than to unwind them,” said Wendy Cutler, a former US trade negotiator who is now vice president of the Asia Society Policy Institute.President Donald Trump despises trade deficits — a situation when the US buys more from another country than it sells. In his view, it’s a sign ..