Introduction to The International Forum on the Cultural Mission of the Development and Construction of the Greater Bay Area of Guangdong, Hong Kong and Macao Opens in Macau:
After the United States postponed the date of a tariff increase on some Chinese imports and the US stock market plummeted, more and more voices believed that the Trump administration’s China policy was a failure, and the Sino-US trade war may end in a period of time. 2021.
The US "Business Insider" website published an article entitled "Why the Sino-US trade war may continue until 2021," saying that in the eyes of economists, trade disputes between the two world economies of China and the United States may continue until 2021. Ian Shepherdson, the chief economist at Pantheon Macroeconomics, said, "We are increasingly inclined to believe that the best solution for Beijing may be to wait until the 2020 US election. Negotiating with a new government that is consistent with one position."
The Goldman Sachs Group also said that concerns about the economic recession caused by the Sino-US trade war are intensifying. Goldman Sachs no longer expects the two major economies in the US and China to reach a trade agreement before the 2020 US presidential election. In an exclusive interview with the Global Times, David J. Firestein, founding executive director of the China Public Policy Center at the University of Texas at Austin, said that Donald Trump seems to be Suppose he can force China to make concessions by exerting a certain degree of pressure on China and to add points to his participation in the 2020 election, but these assumptions are all wrong.
If Trump continues to impose tariffs, he will lose some votes and make him lose the election; therefore, in order to re-elect, Trump must end the trade war and must end before the summer of 2020.