Name a more toxic situationship than this. I’ll wait. With China’s retaliation today, it shows that Xi isn’t going to blink first and reach out. And from the looks of it, Trump also doesn’t want to budge from his position. But if something were to happen, market players will have to hope it happens soon. Because if not, it might be a long wait as Xi has a very busy schedule next week.
The Chinese president will be embarking on his first overseas tour this year where he will be visiting Vietnam, Malaysia, and Cambodia from 14 to 18 April. That’s hardly the time for him to consider such a call on his end. But if Trump really wants to talk, I’d imagine Xi would find a way to accommodate that. The question is will it happen?
As things stand, the ball is on Trump’s side of the court now. With a multitude of reasons hammering the bond market, the pressure is certainly on.
Time’s a-wasting. Is someone going to pick up the phone and dial?
