◎ The propaganda narratives in Xinhua lay the groundwork for Xi to agree to U.S. demands on sensitive issues like structural reform without losing face at home.
◎ Trump could still press ahead with tariffs or reduced tariffs on June 15 if there is a lack of mutual trust between the two sides.
◎ Beijing would find that it cannot cut the trade deficit only through importing U.S. goods.
◎ 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.
◎ The CCP wouldn’t risk a “rare earth war.”
◎ The CCP faces seven pressing problems that render it unable to withstand a trade war with America.
◎ Xi could fulfill his Boao promise to open up China.
◎ We believe that Trump’s $60 billion tariffs are just the opening salvo. Expect harsher penalties to come.