Sunday, 10 March 2019

China Is Worried That President Trump May Walk Away From A Trade Deal When He Holds His Summit With Chinese President Xi


CNBC: Beijing is worried that Trump may walk away from the table, like he did with North Korea

* Nuclear talks between Trump and North Korea’s Kim Jong Un were cut short after the two sides failed to reach an agreement.
* That diplomatic snafu led Chinese officials to grow worried Trump could do the same in trade talks, a senior administration official told CNBC on Friday.
* “You don’t want to send Xi to Mar-a-Lago and have Trump walk away. That would be a diplomatic catastrophe,” the official said.

After last week’s fumbled nuclear summit in Vietnam, Beijing is worried President Donald Trump might walk away from the negotiating table.

Nuclear talks between Trump and North Korea’s Kim Jong Un were cut short after the two sides failed to reach an agreement. The collapse of the Hanoi summit came as a surprise as many experts had predicted that both leaders would try to reach a deal on smaller items.

That diplomatic snafu led Chinese officials to grow worried Trump could do the same in trade talks, a senior administration official told CNBC on Friday.

Read more ....

WNU Editor: The Chinese have always underestimated President Trump .... until now. So when both leaders do meet, the Chinese are going to make sure that all the details have been agreed upon. My prediction .... both sides are still far apart on the major issues, and they only way they are going to be resolved is if both leaders and their entourages meet. The Chinese have a decision to make, and I know from my contacts in China that they are not happy with their options.

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