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There are increasing signs the US-China trade deal is about to fall apart. President Trump’s tweet this morning is the latest sign:
Donald J. Trump @realDonaldTrump
As I have said for a long time, dealing with China is a very expensive thing to do. We just made a great Trade Deal, the ink was barely dry, and the World was hit by the Plague from China. 100 Trade Deals wouldn’t make up the difference - and all those innocent lives lost!
May 13th 2020
4,252 Retweets13,973 Likes
Axios reporter Jonathan Swan followed up a few hours later, and I have been hearing the same things:
Jonathan Swan @jonathanvswan
This tweet comes amid internal discussions over whether Trump blows up the China trade deal. https://t.co/dgJHwmzPmX
Donald J. Trump @realDonaldTrump
As I have said for a long time, dealing with China is a very expensive thing to do. We just made a great Trade Deal, the ink was barely dry, and the World was hit by the Plague from China. 100 Trade Deals wouldn’t make up the difference - and all those innocent lives lost!
May 13th 2020
93 Retweets249 Likes
There is basically no way China can hit the 2020 deal target now and for Trump what matters is huge progress towards the goal by the November election day, not by end of the year. Even if there were that progress the domestic political considerations look increasingly likely to steer Trump and his advisors to jettison the deal and push harder on “blame China” for the growing COVID-19 carnage in the US.
On the Chinese side there appear to be more voices saying there is no point in trying to fulfill the deal because the US will beat on us regardless.
It is worth noting that the President used the phrase “Plague from China” in his tweet this morning. If I am not mistaken that is the first time he has used that term. US National Security Advisor Robert O’Brien used it yesterday in a press spray.
And just to add even more negative energy to the relationship, Global Times editor in chief Hu Xijin tweeted this today, and his paper has a longer piece on this topic, which you can see in item 5:
Hu Xijin 胡锡进 @HuXijin_GT
To counteract the abuse of anti-China litigation over COVID-19, Beijing is already preparing to take the necessary punishment measures against some members of the US Congress, the state of Missouri, and relevant individuals and entities, sources told Global Times
May 13th 2020
178 Retweets455 Likes
Donald J. Trump @realDonaldTrump
As I have said for a long time, dealing with China is a very expensive thing to do. We just made a great Trade Deal, the ink was barely dry, and the World was hit by the Plague from China. 100 Trade Deals wouldn’t make up the difference - and all those innocent lives lost!
May 13th 2020
4,252 Retweets13,973 Likes
Axios reporter Jonathan Swan followed up a few hours later, and I have been hearing the same things:
Jonathan Swan @jonathanvswan
This tweet comes amid internal discussions over whether Trump blows up the China trade deal. https://t.co/dgJHwmzPmX
Donald J. Trump @realDonaldTrump
As I have said for a long time, dealing with China is a very expensive thing to do. We just made a great Trade Deal, the ink was barely dry, and the World was hit by the Plague from China. 100 Trade Deals wouldn’t make up the difference - and all those innocent lives lost!
May 13th 2020
93 Retweets249 Likes
There is basically no way China can hit the 2020 deal target now and for Trump what matters is huge progress towards the goal by the November election day, not by end of the year. Even if there were that progress the domestic political considerations look increasingly likely to steer Trump and his advisors to jettison the deal and push harder on “blame China” for the growing COVID-19 carnage in the US.
On the Chinese side there appear to be more voices saying there is no point in trying to fulfill the deal because the US will beat on us regardless.
It is worth noting that the President used the phrase “Plague from China” in his tweet this morning. If I am not mistaken that is the first time he has used that term. US National Security Advisor Robert O’Brien used it yesterday in a press spray.
And just to add even more negative energy to the relationship, Global Times editor in chief Hu Xijin tweeted this today, and his paper has a longer piece on this topic, which you can see in item 5:
Hu Xijin 胡锡进 @HuXijin_GT
To counteract the abuse of anti-China litigation over COVID-19, Beijing is already preparing to take the necessary punishment measures against some members of the US Congress, the state of Missouri, and relevant individuals and entities, sources told Global Times
May 13th 2020
178 Retweets455 Likes