Quotes
While talks this weekend between US and Chinese officials may yield some progress, expectations for a significant reduction in tariffs seem unwarranted,
said Nancy Vanden Houten, lead US economist at the firm
We have to make a great deal for America,
he saidIf a road map can emerge and they decide to continue discussions, that will lower the tensions,
he told reporters on Friday, saying
To untie the bell, you need the person who tied the bell."
There's an old Chinese saying
Yesterday the Holy Spirit was in Rome,
she said on Friday, referring to the election of Pope Leo XIV
There could be an exception at some point. We'll see,
he said during an Oval Office eventThe president would like to work it out with China ... He would like to de-escalate the situation,
US Commerce Secretary Howard Lutnick told Fox News on Friday eveningTrump's approach is generally top-down,
he saidThe best scenario is for the two sides to agree to de-escalate on the ... tariffs at the same time,
she said, ... adding even
An increase in trade tensions is not in Switzerland’s interests. Countermeasures against U.S. tariff increases would entail costs for the Swiss economy, in particular by making imports from the USA more expensive,
the government said last week
Both the U.S. and China have strong economic and financial interests in de-escalating their trade hostilities, but a durable détente is hardly in the offing,
said Eswar Prasad, a former director of the International Monetary Fund’s China division
The trade war is the ultimate validation that Western hostile forces are trying to contain, suppress and encircle China,
Ms. Asdal saidIt’s about flipping the leverage so that the world is reliant on China, and China is reliant on no one. It is a reversal of what Xi has been so irritated about, which is that China was so dependent on the West,
said Kirsten Asdal, a former intelligence adviser at the U.S. Department of Defense who now heads a China-focused consultancy firm, Asdal AdvisoryChina will use any and all tools at its disposal to cause pain and impose costs on the U.S. and any country that aligns with America,
said Evan Medeiros, a professor of Asian studies at Georgetown University who was an Asia adviser to President Barack Obama
This is not an economy a statist government desires, and this is why underconsumption has long been recognized as a problem, even at the highest level of the government,
said Yasheng Huang, an expert on the Chinese economy at the Massachusetts Institute of Technology Sloan School of ManagementChina has become so ambitious without reaching superpower status yet,
said Shen Dingli, a Shanghai-based scholar who focuses on U.S.-China tiesHide your strength, bide your time.”
Some experts are even questioningThis concentration of authority allows the Chinese leader to make sweeping policy decisions unchallenged — and to reverse course just as swiftly,
Zongyuan Zoe Liu, a fellow at the Council on Foreign Relations, wrote in a recent article for Foreign Affairs magazineChina has more levers to pull than the US in this trade war,
Cornell University economist Eswar Prasad said
The tariffs are a blunt instrument. They hurt US consumers and businesses far more than they harm China's diversified economy,
said Mary Lovely, a PIIE senior fellow