President Donald Trump and his Chinese counterpart Xi Jinping will meet on the sidelines of the G20 summit in Buenos Aires, Argentina this weekend, in what is among the most widely watched bilateral meetings of 2018.
- Will Martin
- Brisbane Times
There have been tentative signs that a deal may be struck, but according to analysts at Goldman Sachs, the most likely outcome of the meeting is that the trade war actually escalates.
“We currently see ‘escalation’ as the most likely outcome in the next few months, with slightly over a 50 per cent probability,” the note from a Goldman team led by Andrew Tilton said.
That scenario, according to the…