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If I were Jonathan Faro right now, I would say that the mood music around US-China

trade talks is starting to sour, at least just a touch around the edges, because we are

getting a sense. President Trump saying that tariffs are going to stay in place

until he's sure that Beijing is going to comply with any trade deal. You have China

rumored to be really pushing back on certain aspects.

Kind of interesting given the fact that we were really expecting something concrete

within the next few weeks, John.

Yeah, I would totally agree with you, but I think from the Chinese side, I think their basic assumption, is that the president wants a deal, and because he wants to deal so much, maybe they can push back a little bit.

I think this was always going to come down to the enforcement

mechanism and the battle that they were having over that. Makes no sense for

the administration to completely remove tariffs on Chinese exports until the

Chinese have followed through. As the president has mentioned recently and he's right to mention it, the Chinese have promised in the past to do many of these things and the follow-through has been minimal.

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