CHINA/STEVE MNUCHIN/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump on Friday [11-16-18] raised the prospect of ending his escalating trade war with China, but signaled US negotiators still want more a few more concessions from their largest trading partner…The Chinese government earlier this week made an initial offer on trade, which Trump said addressed 142 negotiating points. The offer followed a phone call last Friday between Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He…Trump, who has made the US economic relationship with China a centerpiece of his presidency, reiterated that he wants a deal both sides can be happy with…Those briefed on the bid described the proposal earlier this week as falling short of many of the core demands the White House has repeatedly said are must-haves in trade talks with Beijing, including addressing technology transfers and intellectual property theft, according to one of the people briefed.”
–Donna Borak, “Trump on China: ‘Can’t have trade that’s meant for stupid people’,” CNN Politics, CNN.com, November 16, 2018 12:45 am