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The Financial Times reported China has offered to buy more semiconductors from the U.S. to help cut its trade surplus with the U.S. Shares of Qualcomm and Intel rose 3.5 percent and 6 percent, respectively, on the news.
The Wall Street Journal also reported that U.S. and Chinese officials are working to improve U.S. access to China's markets.
Sending sternly worded letters only goes so far. We've been doing that for two decades or more.
Unless you are insane, like most Neoliberals, and insist on repeating the failed policies of moaning and groaning that are ineffectual.
Eventually, you have to resort to punishment.
https://www.reuters.com/article/us-usa-trade/trump-set-for-china-tariff-announcement-on-thursday-trade-war-fears-grow-idUSKBN1GX20V
Retaliation from Beijing, eh? I can just hear the Fugitive Traitors: "We have to put up with neverending theft of American IP, or America will be STARVED! of Pink Lawn Flamingos and Dollar Store Chotskies."