President Donald Trump on Wednesday acknowledged that his tariffs could result in fewer and costlier products in the United States, saying perhaps American kids "will have two dolls instead of 30 dolls,

The view that the Chinese leadership was desperate to negotiate a trade deal, to avoid economic pain that could destabilize Chinese society and threaten the Chinese Communist Party’s monopoly on power, is common among China hawks in the United States. This analysis is partly accurate, but it has led many to draw false conclusions.