China Open to Small Trade Deal

The transcript discusses the evolving expectations around a potential partial trade deal between the US and China. While a broad agreement remains unlikely, the possibility of a partial deal has increased, with reports suggesting the US might suspend upcoming tariffs and allow some sales to Huawei. Despite tensions over human rights and other issues, China remains open to negotiations. Both countries are experiencing economic pain, and media reports indicate low expectations for a comprehensive deal. Washington's strategy involves exerting pressure while maintaining optimistic rhetoric, but the outcome of any incremental deal remains uncertain.

What is the general sentiment from state media regarding the likelihood of a trade deal?

How are both sides preparing for the worst-case scenarios in the trade talks?