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Analysts at Rabobank suggest that US President Trump’s tough stance against China should also be seen in light of the US midterm elections on November 6.

Key Quotes

“In fact, it has been reported that some in Chinese policy circles think that Beijing should wait to negotiate with Trump until after the midterms.”

“The elections will be crucial for President Trump’s ability to govern in the next two years, especially on domestic issues. Being tough on China is expected to raise the chances of the Republicans to preserve their majorities in the Senate and the House of Representatives.”