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Business English: China - US trade talks

2 years ago
Read the article on Marketwatch.

https://www.marketwatch.com/story/us-china-working-on-deal-to-defuse-trade-tensions-2018-12-30

Do you think a trade deal will be worked out between the US and China?

It seems like the US is keen on reworking trade relations with China and other countries. I am not sure they will have the immediate success that they want.

We live in a global economy, so what happens between the two largest economies matters.

The wording from the Chinese side is more reticent. They said that they would like to be making steady progress, implying that there is no progress. According to Bloomberg.

https://www.bloomberg.com/news/articles/2018-12-29/trump-says-big-progress-being-made-with-china-after-xi-call?srnd=premium

My opinion is that no deal will be reached and $200 Billion of tariffs will go into effect. We have already reached a peak in the current economic cycle.

Are you interested in Business English? If the answer is yes, let me know your ideas about this topic.