Trump has rapidly caved in on his threats to China. Stocks (US equity index futures that is) have surged:
There is probably good reason to exercise some caution here. By suggesting that Xi had a “bad moment”, ie implying he made an error , Trump may have made it more difficult for Beijing to step back or de-escalate, assuming it was even inclined to do so.
Background to all this ICYMI:
Friday ICYMI:
Late Friday:
China responds over the weekend:
Some TACO moves already, some murmurings of Trump already backing off. BRB with more on this:
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