Sources close to President Trump tell Axios that the White House is in a China bind: A trade deal with China is “tough to improbable” in a deteriorating environment that includes his failure as a negotiator, arm sales to Taiwan and the continuing crisis in Hong Kong.
Why it matters: The biggest tool Trump has to pump the economy and the markets is a trade deal with China. But if anything, senior administration officials have turned harder against China in recent weeks.
Full article at: Axios