Subject: Re: Trade deal with China reached
This board will claim that Trump caved on all points no matter what deal was struck.

Trump will claim victory no matter what deal was struck.

The truth is in the middle somewhere.

And it ended up being....none of those things.

The result of the meeting was only a temporary suspension of the embargo-level tariffs that both sides imposed recently. Nothing was decided that affected any aspect of the U.S.-China trade relationship as it existed before those tariffs, and nothing permanent, so neither side really gave or gained anything of consequence.

The only real "winner" and "loser" are Bessent and Lutnick, respectively. It's now pretty clear that Bessent is driving trade policy, rather than Lutnick, and even a temporary suspension of the massive tariff levels indicates that a full "decoupling" of the U.S. and China is probably not a strategic goal of the Administration.