Trade

Trump May Not Meet Jinping After All

Written by SK Ashby

Trump is still telling the public that he's "confident" he will sign a trade deal of some description with China, but that looks less likely today than it has for the past month.

Trump has long said that he would meet Chinese President Xi Jinping to put the finished touches on a deal and he invited Jinping to his gaudy Mar-a-lago resort for a "signing summit" later this month, but it's possible the two will never meet.

The Chinese media recently reported that a meeting may not take place and Trump's lackeys are now saying a meeting may not happen this month.

Asked about a report that China was not positive about a trade deal and that a meeting with President Xi Jinping might not happen, Trump said “I haven’t heard that. I think we’re doing well ... We’ll do very well either way, with or without a deal.” [...]

“It could go into April ... We made a lot of agreements here in Washington two weeks ago ... Now it has to go back and clear the top level of President Xi and the politburo in Beijing ... That’s the key – not the timing, not even the place – we have to get it right so it’s in America’s interest,” [White House economic adviser Larry Kudlow] said.

As far as we know, Chinese and American officials have not made any solid "agreements" as Larry Kudlow insists. If they had, I'm certain we would have heard about it by now.

The Trump regime may be the leakiest administration ever and I believe we haven't heard very many specifics about an emerging deal because the details are still largely fluid.

I believe Kudlow and Trump's other advisers say positive things about their negotiations that aren't necessarily true because they know Trump is watching; they know Trump likes to see the numbers on his television screen go up.