By coinnews 
00:00 Speaker A
So you are steeped in the Chinese economy. And so I I I’d really love your take on the positioning of these two global powers, given what’s going on in their economies. What I find fascinating through all of this is, you know, we keep hearing Trump and she are going to directly negotiate. What are they waiting for? Right? What’s the hold up? Why can’t they like just get on the phone and get on with it already?
00:48 Speaker B
Well, I don’t think Trump and she are going to negotiate directly at all because that is not something that Xi Jinping would want to do. It’s incredibly risky that he has a phone call with President Trump, puts the phone down and then a truth goes out announcing something, some action on China. So they are not going to do that. The meeting with Xi is always going to be a prize that’s going to come at the end of a deal, not something that’s going to kick start the process.
01:35 Speaker A
That’s really interesting. And and it’s so does that mean then that we are at an impasse because that is the only way that President Trump will negotiate is with Xi directly?
02:03 Speaker B
So both sides certainly do want to have a conversation and do want negotiations to start. Um and this could absolutely begin, for example, from the US Trade Representatives Office, which is very, very high up. And the USTR, of course, has had conversations with her leafing, who’s a vice premier in China. So there is room. I think both sides want to make it seem as if the other is conclusively folding for this to begin, which is why you’re getting this impass right now.