Manufacturing sector contracts for the first time in nearly a decade

[Lonestarblue]

8. You're right.

Trump will accept any deal China offers as the election gets closer, and he’ll then lie about what a great deal it is when in reality it will probably be worse than what we had before he was elected.

WaPo had an interesting opinion piece earlier this week about the power that Xi currently holds over Trump. He can slow walk any agreement or refuse any agreement at all with the probability that Trump will not be reelected and he’ll be able to deal with a more rational person. Contrarily, he could also make Trump look like a winner by agreeing to a deal, thinking that it benefits Trump’s reelection chances and he would rather deal with an ineffective, ignorant Trump for four more years than an administration that is likelier to be tougher on the real issues like technology transfer. Interesting position of power that Trump handed Xi with his stupid policy.