CNBC: Trump is showing he 'actually wants' a trade deal with China, Stanford expert says

[AzogtheDefiler]

He said he wants "fair" deals and sometimes you have to go through pain points to get to a fair deal.

 

[bendog]

Source: CNBC.COM
Trump is showing he 'actually wants' a trade deal with China, Stanford expert says

"Despite ramping up his complaints about Beijing and lobbing new threats of additional tariffs on Chinese imports, U.S. President Donald Trump wants to seal a trade deal with China, according to one expert.

Trump's Thursday Twitter post is evidence of that, Lanhee Chen, a research fellow at the Hoover Institution, told CNBC on Friday. In fact, he said, the tweet — about a "long and very good conversation" with China's president — is one of several "smoke signals" that show the White House truly hopes to resolve its ongoing dispute with the world's second-largest economy.

"I tend to think that the president actually wants to get to a deal on China at some point," Chen told CNBC's "Squawk Box."

Beyond the Twitter post, Chen pointed to the White House playing up Trump's meeting with Chinese President Xi Jinping at the G-20 summit in Buenos Aires later this month. In fact, the U.S. leader highlighted that summit in his recent tweet, saying trade discussions "are moving along nicely" ahead of the planned face-to-face meetings."

A ray of hope on the U.S.-China Trade spat, hopefully this portends progress in finalizing a deal and putting this dispute to rest. I don't like the tactics Donny used on this one but if his Administration can manage to resolve some of the most egregious trade practices the Chinese have been employing then he'll deserve A LOT of credit.

Eyes on the G-20 and fingers crossed.

"As a rich man is likely to be a better customer to the industrious people in his neighbourhood than a poor, so is likewise a rich nation. Trade restrictions, by aiming at the impoverishment of all our neighbours, tend to render that very commerce insignificant and contemptible." -- Adam Smith, The Wealth of Nations

The Dow has given back all of the 2018 gains and is poised to go lower. This story is like the caravan. It has a one week shelf life.

Not that I'm totally opposed to Trump and Jina. But it's going to be several years.

 

[theHawk]

Are you referring to Trump or Xi? because it's been Xi that's been displaying far more of a "thick skull" during the course of this dispute.

`
Seems to be repetitious here, members of the right playing dumb. If you'd actually READ the article, it says this; "According to Bloomberg, US President Donald Trump has asked key officials to begin drafting potential terms of a trade agreement with China. Trump is said to be interested in reaching an agreement on trade with Chinese President Xi Jinping at the G20 summit in Argentina at the end of the month."

Let me explain that so you don't get confused again. trump started the process, Xi, agreed with it. This tariff wasn't working for either side. So, we are back to ground zero.
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The tariffs are working great. He already got the EU to back down and agree to drop their tariffs before we ever implemented any of our own.

China is another animal, and we will likely have to keep some tariffs on them in order to keep manufacturing stateside. But China needs us a lot more than we need them, so President Trump holds all the cards and will be able to make a great trade deal with them. That was the whole point all along.

 

[g5000]

CNBC: Trump is showing he 'actually wants' a trade deal with China, Stanford expert says

He wants a discount on his clothes.

 

[Tax Man]

Source: CNBC.COM
Trump is showing he 'actually wants' a trade deal with China, Stanford expert says

"Despite ramping up his complaints about Beijing and lobbing new threats of additional tariffs on Chinese imports, U.S. President Donald Trump wants to seal a trade deal with China, according to one expert.

Trump's Thursday Twitter post is evidence of that, Lanhee Chen, a research fellow at the Hoover Institution, told CNBC on Friday. In fact, he said, the tweet — about a "long and very good conversation" with China's president — is one of several "smoke signals" that show the White House truly hopes to resolve its ongoing dispute with the world's second-largest economy.

"I tend to think that the president actually wants to get to a deal on China at some point," Chen told CNBC's "Squawk Box."

Beyond the Twitter post, Chen pointed to the White House playing up Trump's meeting with Chinese President Xi Jinping at the G-20 summit in Buenos Aires later this month. In fact, the U.S. leader highlighted that summit in his recent tweet, saying trade discussions "are moving along nicely" ahead of the planned face-to-face meetings."

A ray of hope on the U.S.-China Trade spat, hopefully this portends progress in finalizing a deal and putting this dispute to rest. I don't like the tactics Donny used on this one but if his Administration can manage to resolve some of the most egregious trade practices the Chinese have been employing then he'll deserve A LOT of credit.

Eyes on the G-20 and fingers crossed.

"As a rich man is likely to be a better customer to the industrious people in his neighbourhood than a poor, so is likewise a rich nation. Trade restrictions, by aiming at the impoverishment of all our neighbours, tend to render that very commerce insignificant and contemptible." -- Adam Smith, The Wealth of Nations

With the rate and voracity of rumps lies how can anyone know what he is doing as he does not know himself.