Here’s Why The China Trade Deal Fell Apart

by admin in Dahboo77
Readers who have been paying close attention to every leak related to the ongoing US-China trade talks might remember this FT story from six weeks ago about Beijing’s penchant for returning trade-deal draft proposals to Washington riddled with red-line stikeouts. We only bring it up now because, according to a play-by-play published by Reuters Wednesday morning, it appears President Trump finally lost his patience with Beijing when they returned a draft trade deal with strikeouts eliminating virtually all of the major concessions made during the past few weeks.

More From The Author:

  1. Trump to Use Executive Order to Allocate More Funds For Wall, Avoiding Shutdown Update: In an interesting twist, it looks like Trump has decided on a middle path that will allow him to keep the government open while getting more of his border wall built than Congress had initially authorized. According to WaPo,...
  2. Venezuela Owes Russia and China Billions As Presidential Battle Rages On Venezuela is in the middle of a power struggle at the highest level, and that could mean trouble for its two biggest foreign allies: China and Russia. The socialist petrostate is home to the largest oil reserves on the planet,...
  3. In the Years to Come, Millions Will Mass Migrate Out of New York & California In the years to come, millions of people, thousands of businesses, and tens of billions of dollars of net income will flee high-tax blue states for low-tax red states. This migration has been happening for years. But the Trump tax...
  4. FBI Discussed “Secret Society” Within Alphabet Gangs Working to Undermine Trump Congressional investigators learned from a new batch of text messages between anti-Trump FBI investigators that a “secret society of folks” within the Department of Justice and the FBI may have come together in the “immediate aftermath” of the 2016 election...
  5. Radioactivity from Oil and Gas Wastewater Found In Pennsylvania Stream Sediments More than seven years after Pennsylvania officials requested that the disposal of radium-laden fracking wastewater into surface waters be restricted, a new Duke University study finds that high levels of radioactivity persist in stream sediments at three disposal sites. Read...
  6. Venezuela Is About to Ditch the Dollar! You Should Know What Is to Follow Venezuelan President Nicolas Maduro said Thursday that Venezuela will be looking to “free” itself from the U.S. dollar next week, Reuters reports. According to the outlet, Maduro will look to use the weakest of two official foreign exchange regimes (essentially...