China Trade Strategy

Canada to Resume US Trade Talks “When Appropriate”: Shifting Focus to Global Markets

Canada says it will resume US trade talks ‘when appropriate’. This stance, as it seems, is a reflection of a carefully considered strategy, born out of necessity and a changing global landscape. The current situation with the United States is, to put it mildly, complicated. While maintaining dialogue, as suggested, is crucial, the emphasis is clearly on timing, specifically, “when appropriate.” This suggests a pragmatic approach – not shutting the door, but not rushing to reopen it either. The Canadian government, it appears, is playing the long game.

The prevailing strategy seems to be twofold: continue engaging with the US, given the significant trade volumes involved, but simultaneously diversify and expand trade relationships elsewhere.… Continue reading

China Rejects Trump’s Trade Concessions: A Pyrrhic Victory?

Following President Trump’s softened stance on the U.S.-China trade war and expression of optimism for a deal, China’s foreign ministry spokesperson stated their willingness to engage in talks. This shift in tone, coupled with comments from U.S. Treasury Secretary Scott Bessent suggesting a de-escalation, positively impacted global markets, which saw significant gains. While Trump maintains high tariffs on Chinese imports, the potential for de-escalation has eased recession fears. Further progress remains dependent on ongoing negotiations and future statements from both sides.

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