U.S., China Set to Resume Trade Talks in Late August

The video discusses the upcoming trade talks between China and the US, focusing on the potential concessions each side might offer to restart broader negotiations. Both countries are seeking significant concessions, with the US demanding structural changes in China's trade practices and China wanting the US to drop tariffs. The strong US economy provides some leverage for the Trump administration, while China's economy faces challenges. The outcome of the talks may depend on which side feels the economic pressure first.

What is the primary goal of the low-level talks between the US and China?

• To finalize a trade agreement

• To restart broader negotiations

• To impose new tariffs

• To discuss military cooperation

What might China need to do to restart broader negotiations with the US?

• Strengthen military presence

• Offer concessions

• Withdraw from the talks

• Increase tariffs on US goods

What does the US want from China in the trade negotiations?

• To drop all tariffs

• To reduce environmental regulations

• To increase military spending

• To make structural changes

What economic condition is providing support for the US's trade moves?

• Low inflation

• Weak US dollar

• Strong US economy

• High unemployment rate

What risk is the Chinese economy facing during the trade negotiations?

• Rapid inflation

• Trade surplus

• Currency appreciation

• Economic slowdown