What's next between China and the US?

The trade negotiation between China and the US are not going well that the latest round failed to reach a deal on Friday. The US trade representative, Robert Lighthizer, said the US president Donald Trump had ordered him to impose tariffs on all Chinese imports. This move is damaging to the trade talk and the relationship (including but not limit to trade relationship) between the two countries. However, neither side ends the trade talk and keeps the talk going.

I think that both the US government and the Chinese government believe the market is vulnerable at the moment and if the countries end the trade talk right now, it will create a significantly negative shock to the global market. Though keeping the talk going will keep the resolve of the trade tension still possible, it does not help to improve the current situation and mitigate the tension between the two countries. The tension between the two countries have increased due to Trump's decision of imposing tariffs on all Chinese imports.

Though Trump tweets about how good his relationship with the Chinese president, it does not seem that the current trade war can end anytime soon. Details have not been released to the public, so we do not know where the two countries have strong disagreement. However, after so many rounds of talks, it seems the disagreement still remains and the two countries may not reach any deal in the near future.