Comments by former assistant US trade representative, Timothy Stratford
- Gaps between US and China's position in talks are really great
- It's still going to take quite some time before the issues at hand are resolved
- Trump is on track to impose another $200 billion tariffs in a matter of weeks
- Both countries are working according to different visions and models of economic development
Pretty much stating the obvious but a general reminder from time to time. Talks this week have failed to produce anything substantial and it sure doesn't look like there is any near-term solution for the dispute between the two countries currently.
As we head into September and the additional $200 billion tariffs draw closer, expect Chinese stocks to continue to bear the brunt of these negative trade headlines - as they have for most of the year.
