The unexpectedly dramatic de-escalation with China laid the groundwork for a growing series of trade negotiations that may produce a handful of rapid-fire, if less than fulsome, bilateral agreements to reduce US trade deficits. “We actually have a fresh start with China,” National Economic Council Director Kevin Hassett said in an interview on CNN News Central. “That’s the way to think about these negotiations.”
tirsdag 13. mai 2025
How Trump managed to get his much-needed China trade victory
President Donald Trump’s shock-and-awe tariff approach threatened to rupture the global financial system and drive the US economy into recession. Nervous about the prospect of empty store shelves and reignited inflation, Trump sent in his even-keeled and professional negotiators to Geneva to snag a win.
The unexpectedly dramatic de-escalation with China laid the groundwork for a growing series of trade negotiations that may produce a handful of rapid-fire, if less than fulsome, bilateral agreements to reduce US trade deficits. “We actually have a fresh start with China,” National Economic Council Director Kevin Hassett said in an interview on CNN News Central. “That’s the way to think about these negotiations.”
The unexpectedly dramatic de-escalation with China laid the groundwork for a growing series of trade negotiations that may produce a handful of rapid-fire, if less than fulsome, bilateral agreements to reduce US trade deficits. “We actually have a fresh start with China,” National Economic Council Director Kevin Hassett said in an interview on CNN News Central. “That’s the way to think about these negotiations.”
