Trump and Xi are heading for a trade deal - without an actual deal - as China exempts some US goods
Their current behaviour may set the tone for future interactions.
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SubscribeTheir current behaviour may set the tone for future interactions.
This one time Xi cannot make an offer others can't refuse.
Stock markets rally in response, wiping out most of the losses of the past days, leaving everyone in a daze.
Tariffs are just another form of taxation. And like all taxes they will be judged on how they accomplish their goals - not all of which are economic.