I have some complaints. These don't seem to be proper concessions. Just that they are pulling back from the edge, and they will try to get to reduce the trade imbalance.
I think the real concession here by China was to reduce the flow of Fentanyl into the US. Not that "okay, we'll stop killing you" is a true concession.
I don't like this:
The US aims to rebuild key manufacturing in medicine, semiconductors, and steel. Yet both sides agreed: "neither side wants a decoupling." They want rebalancing, not separation.
I approve of getting steel, medicine, and semi-conductors back... but we should be de-coupling from China, frankly. That is a pull-back from Trump. Not that cutting off China would work right now, but I don't like the idea that "neither side wants a decoupling". I want a decoupling. The Chinese people deserve a decoupling that will kill the CCP. But I get why you'd want to say this in a negotiation, even if it weren't true.
Overall, I don't see much movement on either side, I'm not sure who's 'winning', but I can't say for sure that it looks like Trump is winning. At most, he seems to have landed a good blow, but from the bottom position.
It's just a reset of the negotiation table now with both participants willing to actually make a deal instead of just flinging shit at each other. With the universal 10% in place during it and a good faith gesture with the fentanyl thing.
A total decoupling is unreasonable and not realy feasible based on global economy scale and the requirements thereof, it's just going to be shifted away from any reliance on each other for critical services and infrastructure.
I'd say just getting to that new starting point should be considered a win.
I have some complaints. These don't seem to be proper concessions. Just that they are pulling back from the edge, and they will try to get to reduce the trade imbalance.
I think the real concession here by China was to reduce the flow of Fentanyl into the US. Not that "okay, we'll stop killing you" is a true concession.
I don't like this:
I approve of getting steel, medicine, and semi-conductors back... but we should be de-coupling from China, frankly. That is a pull-back from Trump. Not that cutting off China would work right now, but I don't like the idea that "neither side wants a decoupling". I want a decoupling. The Chinese people deserve a decoupling that will kill the CCP. But I get why you'd want to say this in a negotiation, even if it weren't true.
Overall, I don't see much movement on either side, I'm not sure who's 'winning', but I can't say for sure that it looks like Trump is winning. At most, he seems to have landed a good blow, but from the bottom position.
It's just a reset of the negotiation table now with both participants willing to actually make a deal instead of just flinging shit at each other. With the universal 10% in place during it and a good faith gesture with the fentanyl thing. A total decoupling is unreasonable and not realy feasible based on global economy scale and the requirements thereof, it's just going to be shifted away from any reliance on each other for critical services and infrastructure.
I'd say just getting to that new starting point should be considered a win.
I'll grant that it's a good first step, but all it is right now is a first step.