Trump is saying "The U.S. Won the Chinese Trade Deal". Well, that won't fly at all in China because they have to save face. So, what actually was accomplished by Trump putting off the rise from 10% to 25% in the Chinese Trade Deal?
Probably absolutely nothing. It buys Trump more time before he completely collapses the economy into a recession or another Great Depression and that's likely all.
China is not doing anything Trump says they are by the way. Trump is trying to get China to play by Chivalrous European-American trade rules (and it isn't really going to happen). Because China has played by it's own rules the basic one being: "No country is important but China. So, because of this no country should we tell the truth to."
In other words by this point of view alone. China is likely the most ethnocentric and racist country against the whole rest of the world on earth.
And to actually believe anything else like Trump might, is to be a fool.
However, then there are things like "Necessity is the mother of invention."
But, I worry that necessity for China might look more like a Trade war against the U.S. and Europe more than anything else over the next 25 to 50 years time.
Like I said before what Trump has started he won't be able to finish. But, China will (over the next 25 to 50 years time).
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