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Opinion

Trump's trade war miscalculation

China can withstand impact of US sanctions and develop its own technologies

| China
Let's hope the U.S. can renew cooperation with China.   © Reuters

Just when a trade agreement between the United States and China appeared to be in sight, negotiators found themselves back at square one.

The immediate reason for the disruption was China's insistence on a substantially rewritten draft agreement, which, according to U.S. President Donald Trump's administration, reneges on previously agreed terms.

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