Economy Trump should "absolutely" receive recognition for changing the Chinese...

Trump should “absolutely” receive recognition for changing the Chinese conversation: analyst

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Signing a “phase 1” trade deal with China is unlikely to end the battle for many Beijing trade abuses, but a prominent DC analyst says the deal is the culmination of a shift in attitudes toward America’s largest trading partner.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "" One of the things Trump absolutely understands The reason for that is that the conversation with China has changed fundamentally, ”Ed Mills, political analyst in Washington at Raymond James, told Yahoo Finance The first trade“data-reactid =” 16 “>” One of the things that Trump has been recognized for is that the conversation with China has changed fundamentally, “said Ed Mills, policy analyst for Raymond James, Washington, to Yahoo Finance ,

Before President Donald Trump took office, Mills said, “You couldn’t confront China, you couldn’t have some of the talks, otherwise there would be real consequences.”

<p class = "Canvas-Atom-Canvas-Text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "Now" China has got the most Message that the American people see China today differently than before President Trump took office, ”said Mills Alexis Christoforous and Brian SozziEmagazine.credit-suisse.com/app/art…1007 & lang = DE But now “China has largely understood the message that the Americans see China today differently than before President Trump took office,” said Mills Alexis Christoforous and Brian Sozzi.

United States President Donald Trump speaks during a meeting with China's Vice Premier Liu He in the Oval Office at the White House after two days of trade negotiations in Washington, USA, on October 11, 2019. REUTERS / Yuri Gripas

United States President Donald Trump speaks during a meeting with China’s Vice Premier Liu He in the Oval Office at the White House after two days of trade negotiations in Washington, USA, on October 11, 2019. REUTERS / Yuri Gripas

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "It was not an easy trip for the worries about trade have driven growth expectations down world Bank Cut recent global growth forecasts. And a Federal Reserve The analysis showed that tariffs do more harm than good to manufacturing. “data-reactid =” 30 “> The global economy has had a difficult time. Concerns about trade have pushed growth expectations down and the World Bank has lowered. The Federal Reserve’s analysis shows that tariffs do more harm to manufacturing than it helps ,

There is also the unfinished business that remains for a promised “phase 2” deal. So far, China has not been open to resolving the Trump administration’s biggest complaints, including subsidies to the industry and intellectual property theft.

“What China said from the start is that it has always referred to this as a 40-40-20 problem,” said Mills. “We could do about 40% of it today. 40% that can be done in five years. This is taboo for more than 20%. Some of the things Trump wanted to spend time on and has spent the past two years with are in this 20 percent range. “

“There will be some movement on the intellectual property side here, but probably again, roughly what it would take both sides to sit down and sign,” said Mills.

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However, don’t expect the trade war to end, no matter who wins the White House in November.

“There has been a lot of volatility and there have been certain consequences, particularly among farmers and in agriculture,” said Mills. “It would be up to everyone who wins in 2020 to continue this struggle because many of the issues he raised have resonated with the American people in a bipartisan manner.”

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "Continue reading:“data-reactid =” 36 “>Continue reading:

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "Why we won’t be able to conclude a phase 2 deal until 2021“data-reactid =” 37 “> Why we won’t be entering into a phase 2 deal until 2021

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "Good news for Democrats: the economy is less important“data-reactid =” 38 “> Good news for Democrats: the economy is less important

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "50% chance that something bad will happen to the stock exchange soon: top strategist“data-reactid =” 39 “> 50% chance that something bad will happen to the stock exchange soon: top strategist

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "Read the latest financial and business news from Yahoo Finance“data-reactid =” 40 “>Read the latest financial and business news from Yahoo Finance

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "Follow Yahoo Finance on Twitter. Facebook. Instagram. Flipboard. LinkedIn. Youtube, and reddit,“data-reactid =” 41 “>Follow Yahoo Finance on Twitter. Facebook. Instagram. Flipboard. LinkedIn. Youtube, and reddit,

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