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The Heisenberg writes: “Sure, there’s a ton of skepticism out there about whether chocolate cake diplomacy has any hope of breaking the seemingly intractable trade stalemate between the U.S. and China, but one person who thinks everything should be fine is U.S. Trade Representative Robert Lighthizer.

“I would be very surprised if the dinner was not a success,” Lighthizer told reporters in  Buenos Aires on Friday, ahead of what the market is pitching as one of the most important geopolitical events of 2018.