12/5/2018

CHINA/ECONOMY/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump on Wednesday [12-5-18] tried to shore up confidence that he had successfully struck a deal with China to pause the trade war, after markets swooned a day before and as Beijing broke its silence about the negotiations…Markets on Tuesday dropped precipitously after mixed signals emerged as to what exactly Trump and Chinese President Xi Jinping had agreed to during the weekend’s summit of world leaders in Argentina. While both sides appeared to sign off on a 90-day pause, the Trump administration put a China hawk in charge of further negotiations while also claiming that China had agreed to significant concessions. Earlier Wednesday, the Chinese government finally broke its silence on the trade deal, revealing for the first time its take on the issue that has caused confusion on the other side of the Pacific.”

Caitlin Oprysko, “Trump tries to boost confidence in truce on China trade war,” Poltiico, December 5, 2018 9:30 am