China holds all the leverage in trade talks...
Posted on: October 31, 2019 at 10:07:44 CT
Gyro MU
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By now, anyone with a pulse knows that Trump will make terrible deals just to say he made a "great" deal (see Syria most recently).
Plus, they know that Trump will cave because if the tariffs continue to cut into the US economy, he'll have to do something in order to show much of his blue collar supporters that he's on their side.
Generally speaking, the side that needs to make a deal doesn't get a good one, assuming the other side does not need to make a deal. That's the current US-China trade talks.