The 2️⃣ biggest problems keeping the US & China from making a deal. 🇨🇳

Trade Tensions & Sticking Points - The US and China are in conflict due to China's reluctance to share its latest technology and its practice of artificially keeping prices low and dumping products abroad [1][2] - China claims it intends to change its economic modeling, but its past behavior suggests otherwise [2] Negotiation & Deal Prospects - There was no real progress towards a phase 2 deal, despite optimism in recent weeks [2] - A de-escalation is possible, especially leading up to APEC [3] Long-Term Outlook & Market Impact - The market may experience repeated cycles of conflict due to the inability to bridge the gap between the two sides and the lack of a clear strategy for decoupling or cooperation [3] - This ongoing conflict is causing constant suffering for the markets [3]