Hearing @lingling-wei.bsky.social talk thru this dynamic and the latest movements of the trade war on today’s @wsj.com THE JOURNAL pod was both helpful and not at all calming
jonathan friedman
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.”
