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U.S. talks trade with China amid broader strategic disengagement

Treasury Secrtary Steven Mnuchin
Treasury Secretary Steven Mnuchin in Beijing. Photo: Greg Baker/AFP/Getty Images

The Trump administration’s senior economic team just wrapped up talks in Beijing to address rising U.S.–China tensions. These talks appear to have amounted largely to an exchange of views, with China, unsurprisingly, evincing little willingness to immediately address the bilateral trade deficit with the United States or curb its mercantilist economic approach.

The bottom line: The inconclusive results should not obscure a new direction in U.S. relations with China: disengagement.