The narrow trade deal requiring little from China makes them the big winner. Given China's…
The narrow trade deal requiring little from China makes them the big winner. Given China's insistence that structural reforms remain "off the table" a so-called narrow deal, with punitive tariffs eliminated in return for greater Chinese purchases of soybeans and LNG amounts to a total victory for Beijing.
Remember nothing is yet carved in stone but after the latest "positive statements" were made it is beginning to give us a glimpse of where things are headed. Given China needs both these products they are by far the big winners in these talks. More on this subject in the article below.