Is there a real trade thaw this time?

Friday, 6 September 2019

Cross-posted from Sinocism.

The next round of US-China trade talks is set for “early” October, not September as some had been speculating. While I am not optimistic for any big breakthroughs there are signs in the announcement and some of the propaganda coverage that there may be some positive news in the run up to the talks, perhaps some sort of agreement for the US to drop some of the tariffs scheduled to go into effect October 1 and for China to finally make an agricultural purchase to satisfy President Trump.

1. US-China

China, U.S. agree to jointly create favorable conditions for trade talks in October – Xinhua

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.