China’s Trade War Strategy Could Backfire Significantly

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The U.S. and China are scheduled to meet later this week.

But chances aren’t good we’ll see any progress – at all.

In fact, Vice Premier Liu He already noted his offer to the U.S. will not include commitments on reforming Chinese industrial policy or subsidies, as reported by Bloomberg.  The problem is those are sizable “must haves” for the White House.

Reportedly, China is attempting to capitalize on President Trump’s recent challenges, which includes a slowing economy and the impeachm...

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