◎ China’s statement suggests a stalemate in the trade talks.
◎ The Trump administration appears to be maneuvering the CCP into a position where it has to liberalize China to ensure regime survivability.
◎ We believe that the Singapore summit could still be held in June.
◎ The U.S. is both winning the trade war with China and weakening the CCP regime.
◎ With the Sino-U.S. trade talks concluded, North Korea could quietly revert to a more agreeable tone.
◎ North Korea’s “shock” move is hardly surprising.
◎ Trump’s ZTE tweet suggests that our read of America and China making good progress in trade talks is correct.
◎ The Trump administration still has cards to play to keep pressuring the CCP.
◎ Should Beijing live up to its promises, the U.S. could eventually realize as much as 60 to 80 percent of its trade goals with China.