The
trade deal the US and China signed today is above all a pause in their trade
dispute. That’s what makes it relevant. At a time when the trend has been to
aggravate the commercial competition and the political rivalry between both
giants, a lull is important. It is also an opportunity for both sides to
implement some corrections and try a more constructive and balanced approach.
Therefore,
I see the event with a positive eye. But I am also very much aware, like many
observers, that there is deep antagonism and absolute mistrust on both sides of
the deal. The Chinese do not think President Trump is constant in his political
line. They are very much convinced that he can change his mind a thousand
times. But for now, they bet on this deal. On the American side, they still
believe the Chinese are very much determined to overtake the US economy and
that they will do whatever it takes to achieve it. However, for the US leaders
the deal comes at the right time. Actually, they have the advantage of
controlling the agenda, a fact that is always good.
We
have a little deal, that’s not bad, but we have not moved much when it comes to
cooperation and trust building. In any case, a step forward is a step in the
right direction. And that’s what matters.
No comments:
Post a Comment