'Overplayed his hand': Experts flag big consequences of Trump's latest 'retreat'

Donald Trump's latest international negotiations aren't going as planned, according to experts.

Trump's recent negotiations in Switzerland resulted in what some saw as a win for the president, because it stopped some of the bleeding in the trade war against China.

But other countries saw that and are taking advantage of what they perceive to be Trump's weakness, according to Bloomberg's reporting.

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"China’s defiant stance in negotiating a tariff truce with the US has convinced some countries they need to take a tougher position in their own trade talks with the Trump administration," the report states, adding that, "Trump’s willingness to retreat so much from the earlier 145% duty on China surprised governments from Seoul to Brussels that have so far stuck with the US’s request to negotiate rather than retaliate against its tariffs."

The article quotes Stephen Olson, "a former US trade negotiator who’s now a visiting senior fellow with ISEAS — Yusof Ishak Institute in Singapore," as saying, "This shifts the negotiating dynamic."

"Many countries will look at the outcome of the Geneva negotiations and conclude that Trump has begun to realize that he has overplayed his hand," the expert then added.

According to Bloomberg, world leaders are still staying silent on their approach.

The report adds, "While officials are loathe to signal publicly any hardening of their approach, there are signs particularly from larger nations that they’re realizing they hold more cards than previously thought and can afford to slow the pace of negotiations."

Marko Papic, chief strategist of GeoMacro at BCA Research, had a similar take on what other countries are seeing from Trump.

"There are many countries that may learn from China that the correct way to negotiate with President Trump is to stand firm, remain calm and force him to capitulate," Papic said.

Read the full report right here (paid subscription required).