US commerce secretary, Wilbur Ross, comments
- Negotiations are complex, will be uncertain until the finish line
- Should judge US government by its results in trade negotiations
- US wants true free trade in autos market (this one is for EU politicians)
Well, the rhetoric has quickly shifted since the end of last week as Trump suggested that there isn't much need to meet with China president Xi at the G20 summit. His suggestion is that China will eventually want to do a deal so they will come back to the negotiating table instead. Whether or not that will play out accordingly, only time can tell.
For now, China isn't backing down and they've continuously made clear that their stance will be to defend their current position on the trade deal and retaliate in due kind.
