Yes, trying to negotiate with the slippery Chinese has failed every time before, without imposing the choke hold of tariffs to hurt their competitive position in the market. With 25% tariff, many other countries could price the Chinese out of the market.
“With 25% tariff, many other countries could price the Chinese out of the market.”
Companies are already relocating parts of their operations out of China. IMO China is desperate for a deal and is willing to make one if Trump allows them to do so without “losing face”.
I believe the President is aware of this and will not take a “victory lap” when this comes together.
Fact is the tariffs should just remain at some level, that’s the way to resolve the trade imbalance and weakening China is in our national security interest.