On Thursday, The Wall Street Journal reported that Treasury Secretary Steven Mnuchin had asked Chinese officials for a new round of trade talks in September, giving Beijing a chance to avert new tariffs on $200 billion in Chinese exports. Some Trump administration officials believe the U.S. has China over a barrel, the Journal says, but there's also "a steady rise in political pressure on President Trump to ease up on trade fights" from farm and business groups, and "Chinese officials said they have grown wary of the Trump administration's unpredictable decision-making process and may be hesitant to accept without a clear sign U.S.
Trump Appears To Think China Is On The Verge Of Cracking On Trade. He's Probably Wrong.
Peter Weber, The Week
Fri, 09/14/2018 - 4:51am
Topics: treasury secretary steven mnuchin september beijing president trump chinese president xi jinping the washington united states american jeff moon journal the wall street journal chinese trump u.s china trump washington post trade wrong pressure economy markets officials talks war thursday deal lot administration
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