WASHINGTON – Just as China underestimated the Donald Trump administration, the Trump administration is underestimating China, Peterson Institute of International Economics (PIIE) trade experts warned on Tuesday (May 28) in Washington.

Tariffs imposed by either side in the course of the US-China trade war, seem unlikely to be lifted any time soon, and a deal on trade now seems further away than before. A deal when President Donald Trump meets China’s President Xi Jinping in Japan in late June, also seems unlikely, they said.

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