US-China Trade Talks Restart In Sweden After Officials Got Lost
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Officials from the United States of America (USA) have started a fresh round of trade talks with the People’s Republic of China, this time in Sweden, after both parties got lost.
Reportedly, American diplomats insisted that the negotiations take place on home turf, whilst China likewise refused to talk anywhere other than home. Finally, after months of negotiation on Zoom, both countries agreed to the others demands and so set off for eachothers respective countries.
On the long journey from the US to China and vice versa, the representatives became very lost and met each other at roughly the halfway point on their trips: Sweden.
Though neither side brought appropriate clothing for the cold weather, it turns out Sweden has indoor rooms, so both sides have now sat down for a cordial chat.
In blue corner, all the way from America, Washington we have Tresasury Secretary Scott Bessent and in the red corner, representing the great state of Bejing, China it’s Vice Premier He Lifeng!
The two have until August 12th to duke it out because that’s when their temporary tariff pause will lift and import taxes could go back up to higher than 100% (impossible btw).
China is the next big target for America after a string of winning deals were ironed out with the UK, Japan and most recently the EU. China’s the biggest economy in the world I think so that would be a really good get for these guys.
The US has yet to work out a deal with Mexico and Canada, America’s biggest trade partners.
I am a little confused though, did America only appear a month ago? Why are all these deals being made like we’re the new kid on the block? Like, I know, it’s Trump, he reset everything with his crazy threats but it seems like SUCH a hard reset, like everyone’s starting from complete scratch and everything needs to be renegotiated. What is this, Brexit?
Anyways, seems like maybe the things are evening out and the previous market panic has worn off. Turns out they just needed time to relax. So, we’ll see where things go from here.
All my love, xxx
For more tariff-ic news, click here: HEARTBREAKING: Rabid Monkey In Charge Of Tariffs Dies
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