Scott Lincicome
Good take. My only addition/questions: since this is just a pause (and since it takes many weeks for goods to cross the Pacific by ship), is it enough to restart commerce, especially for smaller biz, and will there be another mad rush to import/export?
Richard Baldwin
US-China deal? 1) Trump said US would lower tariffs to 80% or so, thus giving China face-save it needed to start talks (e.g. spin: US asked and admitted they were wrong and would lower tariffs, so we can talk with mutual respect for mutual gain), 2) US removed all the