. @bobdavis187 and @Lingling_Wei on the (near) complete breakdown in the US-China trade negotiations last week. Confirms that Trump's tweet last Sunday caught Beijing by surprise.https://www.wsj.com/articles/frustration-miscalculation-inside-the-u-s-china-trade-impasse-11557692301?shareToken=st5faafa831e18435baf9c5654a8dd3162 …
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If I am reading this correctly, the U.S. was not offering the immediate removal of any tariffs in the deal, not even the 10% on $200b. Lifting those tariffs would be conditional on Chinese implementation of its commitments.
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Not sure the Chinese position - if this report is accurate - of "trust us to deliver" was ever going to fly ...pic.twitter.com/Lu6ZAgddcJ
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Replying to @doobeedoo2 @Brad_Setser
Misleading translation of 'face'. It's disrespectful and embarassing to PRC for anyone to call them on their behavior. https://en.wikipedia.org/wiki/Face_(sociological_concept) …
6:13 PM - 12 May 2019
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. Banned in Sweden. SubGenius, Zhuangist, white-hat troll. Defrocked mathematician. Brain problems.