Economist Who Called U.S.-China Trade War Sees Deal in 2019
- Mehren sees 60% chance of good result from Xi-Trump meeting
- Still, Danske Bank analyst says tensions may also worsen
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An economist who accurately predicted the rising trade tensions between the U.S. and China now sees a likely resolution of the dispute next year.
A trade deal may be reached at some point in 2019 as tariffs will start to hurt the U.S., Danske Bank A/S chief analyst and China economist Allan von Mehren wrote in a report last week, just before President Donald Trump tweeted that discussions with Chinese President Xi Jinping are “moving along nicely.”