It’s in China’s interest to solve the tariff impasse with the U.S.

Trade talks between the U.S. and China have hit an impasse, but there is surprising bipartisan support for the Trump administration to stay the course on what will be a long process. Success on this first round of trade negotiations would be a deal that ends the tariff penalties that are at the heart of a year-old trade war, with further reduction and even elimination of tariffs on as many categories as possible. And that should be imminent.
The next round of trade talks can seek remedies for Ch