Trump tariff negotiations are ‘all about’ China deal — Raoul Pal

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Coin Telegraph 2w ago

Trump tariff negotiations are ‘all about’ China deal — Raoul Pal - Coin Telegraph

Quick Summary:

However, the tariff negotiations may only be “posturing” for the US to reach an agreement with China, according to Raoul Pal, founder and CEO of Global Macro Investor.“In the end, almost all the other tariff negotiations and rhetoric are all about getting China to agree a deal,” Pal wrote in an April 8 X post, adding:“That is the big prize and both China and the US understand it and need it.

Global trade tensions triggered by US President Donald Trump’s sweeping tariff measures may come to an end with a potential deal with China as investors remain concerned about escalation from both sides.

China needs a weaker $ and the US needs tariffs.”Source: Raoul Pal“Also, the US is trying to shut down China tariff arbitrage using other channels such as Mexico or Vietnam,” Pal said.