Trade negotiations with China could resume soon, in the flash of a tweet. But it will take a long time to reach a deal, and much longer to seal it
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That’s according to Johan Gott, principal in the consumer and retail practice of global management consultant A.T. Kearney and head of its Trade Wargaming initiative.. “First, there’s no deal on the table and negotiators have been struggling to make headway.The scope of negotiations is much wider and addresses core Chinese industrial policies and envisions sweeping safeguards.”
And there’s the “big picture,” the whole context, which is quite different in the two trade disputes, according to“Drilling further down, the whole context of the Canada and Mexico metals agreement is very different,” he explains “The agreement on metals tariffs between U.S. and Canada/Mexico is technically just an exemption from the larger Section 232 metals tariffs, a very important one, given the volumes imported from Canada and Mexico.
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