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Easier for China to face tariffs than bend to U.S. pressure

Reuters | March 04, 2019

China will acknowledge concessions made in any trade deal with the United States for the sake of stabilizing shaky relations, but is unlikely to yield to demands it alter its economic model even if faced with continued tariffs, many trade experts believe. U.S. President Donald Trump has warned he could walk away from a China deal if it were not good enough, even as his advisers touted “fantastic” progress toward an agreement to end a dispute that has put tit-for-tat tariffs on hundreds of billions of dollars worth of each others’ goods.

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Spotlight

Introducing Smartsheet Gov

The only FedRAMP and DISA IL4 collaborative work management platform built for the federal government.

Our central, cloud-based platform integrates with your existing tech ecosystem, and scales to meet any demand. So the entire business can align with purpose, act with agility, and transform to succeed in a fast-changing world.

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