U.S. vs. China: Step Forward For Compromise Or Total Trade War?

Top Trump administration officials are asking China to cut tariffs on imported cars, allow foreign majority ownership of financial services firms and buy more U.S.-made semiconductors in negotiations to avoid plans to slap tariffs on a host of Chinese goods and a potential trade war. White House trade adviser Peter Navarro confirmed that President Donald Trump asked Mnuchin and Lighthizer to try to resolve trade differences with China. Chinese Foreign Ministry said China’s door was always open to talks, but that this needed to happen on the basis of equality and mutual respect with a “win-win” outcome. Premier Li Keqiang said earlier that China and the United States should maintain negotiations and repeated pledges to ease access for American businesses to China’s markets. Obviously, after hard retoric, both side are aware how the problems have to be solved at the diplomatic table. Negotiations, the only reasonable solution. We all know how in a potential war everyone is losing.

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Rationally. Negotiate the same level of open markets in China for US products as the US gives China. It’s called fair trade.

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Good news. They needed to stabilize the markets... Trade Wars are a past. In the modern world.

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Of course. A trade war will far produce more economic downturns than upsides as what history revealed. That's the last thing are country needs.

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Something very specific: "

12 minutes ago, franco said:

Good news. They needed to stabilize the markets...

Something very specific: "Global stocks ride wall street wave as U.S.- China trade talks. Wall Street's best day in nearly three years has global stocks on the move Tuesday, with U.S.-China trade talks and a wave of late quarter M&A boosting markets around the world...."

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U.S. current economic ideology is based on psychological factors or some kind of the threat. Last few weeks we are witnesses of that. If you have no economic vision with strong facts, it's question of the day when you will fall to the ground. It does not matter how strong you are, you have to pay the bill, dude....

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Between best, worst and likeliest scenarios I believe the two superpowers will choice the best.

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1 hour ago, damirUSBiH said:

 "Global stocks ride wall street wave as U.S.- China trade talks. Wall Street's best day in nearly three years has global stocks on the move Tuesday, with U.S.-China trade talks and a wave of late quarter M&A boosting markets around the world...."

Wealth manipulates the market any way they want. More than a game, it's a strategy. 

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Probably. The insiders are pumping the stock market. Buy low sell high. So, about topic - better any negotiations than no negotiations at all.

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Gordon g. Chang (best known for his book "The Coming Collapse of China") on U.S. - China trade said: "China needs us more than we need them." Ok. Nice. It will be good to know what about his statement think farmers on the Midwest. 300,000 soy farmers are in direct or indirect link with China tariffs.

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