JP Morgan feels ?both U.S. and China are eager to deescalate trade tensions?.
Both sides issued constructive recaps of last week?s trade talks that will continue this week in Washington.
JP Morgan says ?most likely outcome? is that current U.S. tariffs on Chinese goods will continue through the end of April and trade talks will be extended and removal of existing U.S. tariffs will be gradual over the next six months as U.S. monitors compliance.
