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The Trump administration "thought they could use massive unilateral pressure to force China to make concessions, and that did not occur," said Scott Kennedy, an expert on the US-China economic relationship at Washington-based think tank CSIS.
"Now this is Xi Jinping's world, and we're all living in it."
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There's no greater pleasure at @CSIS than to be on the "Trade Guys" podcast. In this episode, I speak with Trade Guys Bill Reinsch and Scott Miller about this week's Trump-Xi summit, tariffs, the truce, the Board of Trade, the Board of Investment & more!
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Weekend China read to prepare for the summit:
“The gap between their limited ambitions in terms of likely topics and outcomes on the one hand and the challenges facing the world on the other points to a growing vacuum of global leadership.”
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When Trump and Xi meet they will discuss AI. 'Track Two' talks are already buzzing | Georgia Public Broadcasting
What to expect from the Trump-Xi summit, from tariffs to a possible $30 billion deal | Euronews
Expectations on the Trump-Xi summit are appropriately, if unfortunately, low.
"This is a great power competition tempered by interdependence, a rough balance of power, and a need by both to handle challenges at home."
For more on my take, see:
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Appreciate the chance to discuss the value of US-China track-2 dialogues on AI & other issues with NPR’s John Ruwitch.
“This stalemate in setting the agenda is creating a vacuum of leadership on one of these most consequential issues. The result may mean few if any guardrails on AI and the global competition."
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SAVE THE DATE: Monday, Sept 28, 9-10 am.
"Takeaways from the Trump-Xi Summit: The Economic Security Angles"
Tune in for a convo on AI, supply chains, dual-use tech, energy, clean-tech & more with my @CSISEST colleagues: @mazzocco_ilaria, @CSISInnovation Sujai Shivakumar, @CSIS_Trade Phil Luck and Kate Koren, and Lauryn Williams.
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I often wonder what the top 0.1% of earners consider a “meh, I’m bored” impulse purchase.