#Latest news with #bargainingPositionBloomberg7 hours agoBusinessBloombergTrump's Leverage Wobbles as China Trade Talks Get StartedOne argument made for President Donald Trump's tariffs is that they give him leverage over other countries. But what happens when signs emerge that his leverage is a diminishing asset? It's a very real and immediate question. As US and Chinese negotiators gather in London on Monday it's hard to make the case the US has the strengthening hand. Or that Trump's bargaining position is about to improve.
Bloomberg7 hours agoBusinessBloombergTrump's Leverage Wobbles as China Trade Talks Get StartedOne argument made for President Donald Trump's tariffs is that they give him leverage over other countries. But what happens when signs emerge that his leverage is a diminishing asset? It's a very real and immediate question. As US and Chinese negotiators gather in London on Monday it's hard to make the case the US has the strengthening hand. Or that Trump's bargaining position is about to improve.