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China’s swift response of proposed tariffs puts the ball back in President Trump’s court
The fundamental disconnect of who is the instigator makes negotiations difficult
Base case is that cooler, economically motivated heads prevail
The pessimistic scenario would be a “bigger button” approach by the U.S. and more digging in on both sides
China’s swift response has potential to accelerate the negotiation timeline
Broader (negative) implications beyond trade if these frictions escalate and are drawn out
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This is part 1 of the 1-part series on u.s. china trade war 8
China’s swift response of proposed tariffs puts the ball back in Presi…
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