Trump Will Decide What a Win Is for Him, Says Aberdeen Standard Investments’s Kelly

The transcript discusses the US-China trade relations, focusing on President Trump's strategy to secure a trade deal with China. It highlights the increasing linkage between trade, intellectual property, and security issues. The discussion also covers China's steadfast approach to negotiations, aiming for a limited trade deal while maintaining its industrial policy. The US strategy is analyzed in the context of the 2020 election, considering the potential impact of the trade war on the labor market and Trump's voter base.

What is one of the main issues in US-China trade relations as discussed in the first section?

• The lack of intellectual property concerns

• The exclusion of security issues

• The separation of trade from foreign policy

• The focus on only goods trade

How has China responded to the US trade strategy according to the second section?

• By completely transforming their industrial policy

• By refusing to negotiate any trade deals

• By maintaining a consistent stance and negotiating a limited deal

• By increasing tariffs on US goods

What is the key difference between the trade deals proposed by China and the US?

• China focuses on intellectual property, while the US focuses on goods

• China wants a grand bargain, while the US wants a limited deal

• China includes security issues, while the US excludes them

• China proposes a limited deal, while the US seeks a comprehensive agreement

What factor might influence Trump's decision on what constitutes a 'win' in the trade war?

• The number of tariffs imposed by China

• The outcome of the 2020 election

• The impact of the trade war on the US labor market

• The level of support from European allies

According to the third section, what is a potential tipping point in the US-China trade war?

• A complete overhaul of China's industrial policy

• A reduction in US tariffs on Chinese goods

• A severe economic impact on the US labor market

• A significant increase in US exports to China