More of Trump’s “Art of the Deal” on display in Osaka

Osaka’s G20 summit was the setting of yet another display of Trump’s two-steps-backward-one-step-forward “Art of the Deal” tactics…

After branding Huawei Technologies a risk to national security and putting the Chinese telecom giant on its do-not-do-business-with list in May, the US President announced that American firms would be allowed to sell non-security sensitive equipment again if China agrees to buy more agricultural products to reduce the US trade deficit with the Middle Kingdom.

Soybeans for tech, huh… It is starting to look increasingly like Huawei’s existential threat to US national security was relative after all… and that the argument may well be just another illustration of Trump’s overkill antics.

https://www.scmp.com/news/china/diplomacy/article/3016636/xi-trump-summit-osaka-brings-trade-truce-more-talks-and-hope

Picture credits: AFP

Nicolas Michelon

Nicolas is a corporate geoeconomics and strategic & business intelligence expert with 25 years of experience in the Asia-Pacific, and more recently in the Gulf and Türkiye. A Partner at Alagan.Partners, he advises corporate executives on how to navigate the current geopolitical and geoeconomic environment, mitigate risk and develop prospective scenarios. He is also an Adjunct Professor & Guest Lecturer in geopolitics, geoeconomics and business intelligence at ESCP Business School (France), Galatasaray University (Türkiye), University Mohammed VI Polytechnic (Morocco), Ecole de Guerre Economique (Paris School of Economic Warfare) and the International University of Monaco.