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Playground Tactics: Trumps Demands China Produce List of Concessions for G20

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Mish

Global Economic Analysis

Published : October 10th, 2018

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Category : Opinions and Analysis


	Trump wants China to produce a detailed list of concessions or the US won't talk with China at next month's G20 summit. The Financial Times reports US Threatens to Block Trade Talks with China at G20. US officials have warned China that Donald Trump will not engage in trade talks with Xi Jinping at next month’s G20 summit if Beijing does not produce a detailed list of concessions, according to three people briefed on negotiations between the countries. Supposedly China has such a list but it first wants guarantees of a "stable political climate". Translations Trump: If you won't let me pitch, I will take my ball and bat and go home China: I'll show you mine if you show me yours What's with this "stable political climate" demand? That's not going to happen. Meanwhile, please note that the G20 never accomplishes anything. Thus, even if the conversations were something higher than first-grade caliper, they would be meaningless.

Source : moneymaven.io

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Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com

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