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China Tells US that it Wants Rollback in Tariffs for Phase One Trade Deal

The Unsinkable Aircraft Carrier and the China Trade War

The US and China are clearly in a war of words as they use the 24 hour outrage press to express their ideas to the people. The US and China have been in a trade war for over a year and despite the talk of solutions, neither side wants to make headway, or at least it seems that way. The US has been involved in the Hong Kong protests as it has produced legislation that supports the protesters who are now a serious headache for Beijing. Of course, China is now protesting that the US is involved in domestic politics but the fact remains, this is a trade war and of course a war of words. The US and China, in our view, are fighting to protect their trade positions and the Phase One deal seems more like political theater for the largest two economies on the planet. China wants tariffs set in December to be dropped, again, so Xi, the Chinese President can call it a win for his team.

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