SCOTT MULHAUSER: Inside the trade war between the US and China
'Reaching a positive outcome for both Beijing and Washington will take work after years of rising tensions and emboldened leaders on both sides of the Pacific'
Amid tough talk and unveiled political positioning, China and the United States went through another round of trade talks earlier this month. Sadly, yet perhaps unsurprisingly, negotiators struggled to find common ground. The stakes are higher than ever, and discussions like these are an opportunity for the two countries to begin to mend a strained trade relationship. Still, reaching a positive outcome for both Beijing and Washington will take work after years of rising tensions and emboldened leaders on both sides of the Pacific.
This came into full view during the latest round of negotiations, which ended in a stalemate as the delegations departed the talks without sufficient progress toward any sort of agreement. In the interim, Beijing has tantalizingly offered to purchase American goods and services in exchange for the lessening of sanctions. But as newsworthy as these tariff and trade talks are, the two countries need to take a holistic view and focus on other key pieces...
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