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Pride Hampers Trade Negotiations
- China wants to make a deal but is uncertain how to approach it due to pride and demands for respect.
- Both President Trump and President Xi need to demonstrate strength, making negotiations difficult.
China's Economic Endurance Key
- China can hold out longer in the trade war if it keeps its economy growing.
- Stimulus measures are expected to offset the tariff impact and manage economic weaknesses.
Pride Blocks Progress in Talks
- Both Trump and Xi avoid negotiations that make them appear weak.
- National pride causes each leader to push back despite economic pain.