By The Boy Who Procrastinates - June 29, 2019

With the first half of the year behind us now, the second quarter is nothing short of eventful. 

On May 10, Trump has raised tariff on US$200 billion worth of Chinese goods from 10% to 25% which was met with retaliation from China with tariff hikes on US$60 billion worth of American goods exported to China on 1 June. 

It evidently does not help that US has accused Huawei of espionage and stealing of intellectual property which led to the addition of Huawei to an export blacklist that bans entities from conducting business with US companies without US government approval. Even though the ban was subsequently delayed, it has undoubtedly exacerbated the tensions and antagonism between Beijing and Washington. 

Just when it was difficult to envision a path out of the quagmire on trade issues, Xi and Trump have reignited

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