Hmmmm. Interesting. To early to tell but this might be more winning.
By Ana Swanson
June 5, 2018
WASHINGTON — China offered to purchase nearly $70 billion of energy, agricultural and manufactured products from the United States in the first year of a deal that would require the Trump administration to suspend tariffs on Chinese products, a person familiar with the talks said.
The offer, which came during a meeting this weekend in Beijing between Commerce Secretary Wilbur Ross and the Chinese economic adviser Liu He, would go only partway toward President Trump’s initial demand that China reduce its $375.2 billion trade surplus with the United States by $200 billion annually. And it leaves untouched other American requests, including that China allow American companies more access to its markets and end practices that the Trump administration and business executives say force companies to transfer valuable intellectual property.
The proposal could fizzle quickly. Chinese officials have said publicly that any agreements would be void if the United States continued with plans to impose tariffs and other restrictions, and American officials have given no indication so far that they intend to halt the tariffs.
https://www.nytimes.com/2018/06/05/us/politics/china-trump-trade-tariffs.html
