"It is adding a lot of complexity to what is already among the most complex trade agreements you can try to negotiate," said, founding partner at consulting firm Hamilton Place Strategies and a former White House deputy press secretary.
"I think a comprehensive agreement is nearly impossible to do with all of these things that are being thrown into the bucket right now," Fratto said on "Chinese trade officials are scheduled to be in Washington on Thursday to rekindle high-level trade negotiations. The world's two largest economies have been ensnared in a trade dispute for well over a year, with each side instituting retaliatory measures against the other.
China has no reason to make a deal at this time. They are hoping for an impeachment or a Trump lose in 2020. Then they can go back to what they were doing with the democrats approval.
The trade deal is not important. China cannot do without the money coming in from the U.S. China will absorb as much of the tariffs as possible. China will devalue if necessary. The U.S. should be using the strong dollar to move the supply chain. tt:larry_kudlow MariaBartiromo
Man I could of told the 'Market' their wont be no trade deal.. Just false hope! This isn't rocket science
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Source: Reuters - 🏆 2. / 97 Read more »