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Beijing’s inability to think beyond formal diplomatic protocol has been a mismatch w a Trump team willing to engage only w those closest to Xi. What lies ahead is likely to be a cycle of tit-for-tat retaliation, making it hard to even start negotiations in near term. www.wsj.com/world/china/...
Communication between Washington and Beijing is at a standstill, raising the prospects of a long cycle of tariff retaliation. “Trump and Xi are locked in a paradox of pressure and pride.”
www.wsj.com
China Wanted to Negotiate With Trump. Now It’s Arming for Another Trade War.
11mo
Lingling Wei