Evercore ISI's Haines Sees Inflection Point in U.S.-China Trade Spat by End of July

The video discusses the current state of global trade, focusing on the US-China trade relations and potential tariff changes. It highlights the possibility of an inflection point in negotiations by the end of July, driven by scheduled tariffs. The video also covers short-term trade issues with the EU, Canada, and Mexico, and the US government's objectives for more cooperation on metals. Efforts to lower tariffs, especially on automobiles, are noted, with some countries beginning to respond. The overall outlook suggests that while trade tensions persist, a worst-case scenario is unlikely in the near term.

What is the current state of stocks and bonds according to the video?

• They are experiencing rapid growth.

• They are moving sideways.

• They are declining sharply.

• They are highly volatile.

What is the significance of the end of July in the context of US-China trade relations?

• It is the date for a major trade summit.

• It is when the trade agreement will be signed.

• It is the deadline for the next set of tariffs.

• It marks the beginning of new trade talks.

What is the speaker's view on the likelihood of a worst-case scenario in trade relations?

• It is very likely to happen.

• It is reasonably unlikely to happen.

• It is already happening.

• It is certain to happen.

How does the speaker view the trade issues with the European Union, Canada, and Mexico?

• As short-term issues.

• As non-issues.

• As long-term issues.

• As resolved issues.

What is the ultimate goal of the US government regarding tariffs, according to the video?

• To increase tariffs significantly.

• To maintain current tariff levels.

• To eliminate all tariffs.

• To lower tariffs.