Less than a week after the White House described trade talks in Beijing as "candid and constructive", American and Chinese negotiators met again on April 3rd in Washington, dc. There is talk of a summit between the two countries' presidents. But amid the upbeat noises are a few discordant notes. Without a deadline, the discussions could drag on, or even stall. Although the contours of a deal seem clear, the final items are always the trickiest. And even if a deal is struck, it may not be a good one.
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