Quotes
They know Trump is in an untenable position and are letting the Energizer Bunny run down his batteries while they sit on the sidelines because they think they gain nothing by addressing him,
said Broadman
Clearly China is relishing the opportunity to flex its economic muscle and to demonstrate that it has tremendous staying power, not least because it can absorb the political heat much more than Trump can,
said Marc Busch, who has advised both the U.S. Trade Representative and the Commerce Department on technical trade barriers and is now a professor at Georgetown UniversityTrump thought that China was a pushover and so he behaved like a New Yorker saying ‘let’s do a deal,’
said Harry Broadman, a former assistant U.S. trade representative in the George H.W. Bush and Bill Clinton administrationsWe are not going to move the needle until they move,
the official said
Boeing should default China for not taking the beautifully finished planes that China committed to purchase. This is just a small example of what China has done to the USA, for years,
Trump wrote in the postThey got the China piece of it very wrong and misunderstood what it would mean to really back China into a such a corner with such extreme levels of tariffs,
said Emily Kilcrease, former deputy assistant U.S. trade representative during the end of Trump’s first term and the beginning of former President Joe Biden’s termComing out, I think we have more confusion, not more clarity, in terms of what the administration wants for negotiations,
said Josh Lipsky, international economics chair at the Atlantic Council
The frustration that I've heard this week is that this was unnecessary,
Lipsky added_(cropped).jpg)
No deals have been announced but that's not surprising. Trade agreements take time to negotiate,
said Wendy Cutler, vice president at the Asia Society Policy Institute and a former US trade negotiatorThe only thing I'm fairly sure of, ... is that in the end, the decision is made by President Trump."
the official saidA satisfactory arrangement does not necessarily mean the actual trade document, it means that we have reached agreement in principle."
But he addedComprehensive tariff negotiations are notoriously tedious, typically spanning years rather than months, and cannot realistically be compressed into a 90-day ultimatum period,
he addedThere’s not a coherent strategy at the moment on what the tariffs are supposed to achieve,
said Josh Lipsky, senior director of the GeoEconomics Center at The Atlantic Council
If policymakers and pundits want to rebuild American industry, they need to grapple with this truth: idealism doesn’t always survive contact with a price tag.”
Ramon van Meer, Afina's founder, concluded in his written analysisIn the 3 weeks since the tariffs took effect, ocean container bookings from China to the United States are down over 60% industry wide.”
Ryan Petersen, CEO of Flexport, a supply chain company, said on the social media site XWe want to make sure we aren’t seen as being unfair,
Ishiba said, suggesting a possibility of reviewing Japanese car safety standards.jpg)
I don’t think left-hand drive cars sell in Japan,
Prime Minister Shigeru Ishiba told a parliamentary session this weekI’m getting along very well with Japan,
Trump told reporters on FridayI'm walking away from these meetings with a clear sense of everything that is at stake and the risks that are there for jobs, for growth, for living standards all over the world,
Irish Finance Minister Paschal Donohoe told Reuters
China and the U.S. are NOT having any consultation or negotiation on #tariffs, ... The U.S. should stop creating confusion."
China shot back in a foreign ministry statement posted by the Chinese Embassy in the U.S