Economics

China Eyes Trump's 2020 Strategy for Clues on Trade War Deal

  • Few see path to lasting pact as hawks dominate both capitals
  • Beijing weighs unpredictable Trump vs. strategic Democrats
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As the U.S. and China restart trade talks, few in Beijing see a clear pathway to a lasting deal.

Pessimism dominated in conversations last week with about a dozen bureaucrats, government advisers and researchers in China’s capital following the latest truce between Presidents Donald Trump and Xi Jinping. Most saw Trump’s election strategy as being the paramount factor for whether a deal was possible in the short term.