Listen: As China Trade Talks Stall, Xi Faces a Dilemma: Fold? Or Double Down?
"So the Chinese are being pushed by President Trump. And now the question becomes are they going to fold and do the right thing? Or are they going to double down? And are we going to trade war? Then you're at times reports that now president, gee is facing a dilemma should he fold or should he double down? And this is where the good side of President Trump's push could be right. If you were using the leverage point and not as natural policy case for that. Here's your time says as Chinese and American officials to reach a trade deal. President Johnson ping faces a painful possibly damaging choice to try to protect his or of in Zometa -bility or retreat after President Trump accused China of reneging on the terms of a draft agreement and threatened to raise tariffs the stakes rose sharply for the Chinese leader this week after Mr. Trump and his chief Trade Representative Robert lighthizer publicly accused China of backing down on commitments the sticking point appeared to be late decision by Mr. g reject Americans man's that trying to change was constraining American businesses when from onto Twitter to complain. It was. A public rebuke. The put g in a tight spot. She is China's most powerful leader in decades. He guards his images of visionary statesman guiding his country greatness, China's relationship of the United States is it's most important relationship. If ties between the countries are mismanage that could damage China's economy and tarnish, she's image trade talks just last week close to fruition have abruptly become a flash point in the rocky relationship g now faces questions at home over whether he miscalculated from resolve domestic rumblings could grow if the United States forces you to make concessions or if the talks break down, according to Paul Henley, a former Trenin director on the national Security Council who now runs the Carnegie Shinwa center for global policy in Beijing z. She is walking tight rope. His going to be the one that has to make the most concessions, and that makes us all the more difficult for him. On Thursday short shortly before the trade talks set to resume, of course, North Korea shot a short range missiles United States have been pushing China to get involved. Even if the timing of launches a coincidence, perhaps that puts pressure on the United States to point out that that China needs to be a partner. Leo, he is China's chief negotiator. He said, quote, I come bearing sincerity hoping the current special circumstances till the reason Frank exchange views with the US side. China believes that increasing tariffs will it solve problems won't benefit China or the United States, nor will benefit the global economy. China had been willing to protect intellectual property and open its markets to American business. But the Trump administration wanted the agreements specify that some of those changes actually be made in Chinese law. Apparently China didn't want to do that they wanted to make an informal policy and Trump was saying no, you need to change your law. So that formerly you cannot renege on this agreement."