Part 7/8:
The Uncertain Future of Trade Negotiations
While there is a preliminary consensus on some broad principles, many details remain unresolved. The potential deal faces various hurdles, and the president’s mood and personal opinions may influence ongoing negotiations. For example, over the weekend, Trump canceled trade talks with Canada after being angered by a misleading ad, illustrating how personal and political factors can rapidly affect trade diplomacy.
The ultimate outcome of Trump’s Asia trip and his meeting with Xi Jinping could significantly impact the U.S.-China relationship and broader global trade dynamics. With both nations weighing their leverage and interests, the stakes have never been higher.