FYI: The U.S. and China broke a five-month impasse on Friday in their long-running trade dispute, as negotiators reached a minideal “in principle” that suspended the U.S. tariff increase set for Oct. 15.
But optimism around the high-level trade talks might have been misplaced: Not only did the “deal” not address the thorniest issues at the heart of the dispute, but the conflict between the world’s superpowers widened in ways that could pose fresh challenges to U.S. companies and their shareholders.
Regards,
Ted
https://www.barrons.com/articles/china-trade-talks-fail-to-impress-wall-street-51570840094?mod=hp_LEAD_1
