Principal-level trade negotiations between the United States and China are set to begin on Thursday in Washington.
administration is deliberating ways to limit American investors' portfolio flows into China, which includes delisting Chinese companies from U.S. stock exchanges.
The outcome from this week's trade discussions "will likely be pivotal in determining if the two sides can reach an interim trade deal that postpones further tariff escalation," analysts at Eurasia Group wrote in a note last week. They said there is a 40% probability to an interim deal, and a 60% chance that Trump at least postpones further tariff hikes.
Tariffs on $250 billion worth of Chinese goods are scheduled to rise to 30% on Oct. 15. Both countries have slapped tariffs on billions of dollars worth of each other's goods, which has roiled global markets, created uncertainty and dampened economic growth outlooks around the world. "An interim deal at a minimum would include an agreement by Trump to delay further tariff increases and approve a subset of pending licenses for US suppliers to Huawei in exchange for China stepping up purchases of US agricultural products," the Eurasia Group analysts added.
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