Trump called Xi a genius. Xi called Trump’s bluff.
One of these men was negotiating. The other was just talking.
For months, Trump had been telling anyone within earshot that China was a menace, a thief, an existential threat to the American way of life. Then he got Xi on the phone and apparently decided that actually, the man was rather wonderful and perhaps they could work something out.
Xi, meanwhile, said precisely what he intended to say, moved not a single millimetre, and hung up having conceded nothing whatsoever.
This is what happens when a man who closes property deals meets a man who plays the long game. One of them has been doing this for five thousand years. The other can’t remember what he said last Tuesday.
Trump left the call beaming. Xi left it having won.
