Risks Aside, Trump’s Team Sees China Trade Stance as Strength in 2020



Jeff Mason | Reuters

WASHINGTON (Reuters) – As trade talks resume between China and the United States, President Donald Trump’s advisers are confident he can portray his stance against Beijing as a strength in the 2020 election, despite making concessions and having no deal in sight.

Trump and Chinese President Xi Jinping agreed in Japan last month to another truce in the year-long trade war between the world’s two largest economies, thanks largely to Trump’s promise not to impose new tariffs on Chinese goods and to ease restrictions on technology company Huawei Technologies Co Ltd [HWT.UL].

The agreement in Osaka kick-started talks that had been stalled since May. Chinese and U.S. negotiators spoke by phone on Tuesday and are discussing a face-to-face meeting in the future.

But no deadline has been set for the process to conclude, leaving the possibility of a protracted negotiation that lasts well into next year and Trump’s re-election fight.

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