THAT’S NOT WHAT XI SAID
|“Trump makes it sound like China is starting to cave to his demands. Top Chinese officials make it sound like the only thing that’s about to change is that U.S.-China trade relations would go back to where they were in January — before Trump unleashed his tariff war.” It’s not an ‘incredible deal’ yet, but the market likes the lifting of tensions between China and the US.
China seems to have a markedly different view of the trade war cease-fire reached with the Trump administration over the weekend, with state media outlets making no mention Monday of a 90-day time frame or a reduction in tariffs on imported U.S. cars — or indeed any specifics about buying more American products.
+ Meanwhile, back on Twitter, the president is chiming in on the sentencing request made by Michael Cohen