US-China trade war: is the time ripe for peace to break out?

“Everything is slotting neatly into place for peace to be declared in the trade war between the US and China” writes Michael Boskin for The way that trade talks work is that the hard graft is done at official level so that 99% of a deal is concluded before political leaders get involved.The other thing to note about trade negotiations – at least in recent years – is that hopes of a breakthrough can quickly be dashed.Significantly, talks between Trump and China’s Vice-President Wang Qishan are due to take place at the World Economic Forum (WEF) in Davos later this month –an ideal place to declare that the trade war is over.

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