In a midtown Manhattan conference room, Chinese Foreign Minister Wang Yi vented to a small group of prominent American business executives about how China had been betrayed, again and again, by a fickle United States.
Chinese leaders believed they had a trade agreement last year with Commerce Secretary Wilbur Ross, only to see President Trump veto it. In May, they reached a second deal with Treasury Secretary Steven Mnuchin, but Trump again turned thumbs down — this time via Twitter. Then in September, as China prepared to dispatch a top official to discuss possible concessions, the president preempted the trip with new tariffs.
Crossed wires: Why the U.S. and China are struggling to reach a trade deal
Chinese leaders say Trump officials do not really want to talk. Americans say China is “stuck in a rut.” How the two economic superpowers got each other so wrong.