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Trump imposes new tariffs but what he wants from Beijing isn’t clear.

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https://www.cnbc.com/2019/03/24/italy-di-maio-first-eu-country-to-join-china-belt-and-road-initiative.html

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1-First, the trade war between the United States and China would have to be placed on hold;2-Second, the US economy will have to grow by at least 2%;3-Third, China will have to avoid a significant intensification of its financial problems. Successfully managing a corporate-debt load of 160% of GDP requires not just selectively restructuring bad […]

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