1891. Averting a Global Calamity? Trump and Xi at the G20
- Author:
- John Edwards
- Publication Date:
- 06-2019
- Content Type:
- Commentary and Analysis
- Institution:
- Lowy Institute for International Policy
- Abstract:
- The outlines of a trade deal between the United States and China are there. But without a return to the negotiating table, the dispute could rapidly escalate, magnifying the damage to world growth. With the Osaka G20 meeting looming, Chinese analysts and policymakers visited in Beijing are pessimistic about the prospects for a trade deal with the United States. If they are right, global financial markets are in for a much wilder shock than anything yet seen in this quarrel. Yet much of a deal has already been agreed, while the consequences of not reaching a deal have become increasingly dire.
- Topic:
- International Relations, International Trade and Finance, Trade Wars, and Trade
- Political Geography:
- China, Asia, North America, and United States of America