China, U.S. Posturing Shows Distance From a Deal: Pimco's Cantrill

The transcript discusses the ongoing trade tensions between the US and China, highlighting a report from the Wall Street Journal about China's demands. It outlines China's consistent position as per their White paper and the posturing by both countries ahead of a meeting between President Xi and President Trump. The potential outcomes of the meeting are explored, with a focus on avoiding escalation and maintaining negotiations. The best case scenario is seen as a truce rather than a settlement, with tariffs being a key tool for leverage.

What condition did China reportedly set for a trade deal according to the Wall Street Journal?

• Provide financial aid to Chinese companies

• Reduce tariffs on Chinese goods

• Allow Huawei back into the market

• Increase U.S. imports from China

What did President Trump suggest he might do if China does not meet U.S. demands?

• Withdraw from negotiations

• Increase tariffs

• Impose sanctions

• Decrease tariffs

What is the expected outcome of the meeting between President Xi and President Trump?

• A complete breakdown of negotiations

• A comprehensive trade agreement

• A temporary truce and further talks

• An increase in tariffs

What tool does President Trump believe is effective for gaining leverage in negotiations?

• Economic sanctions

• Diplomatic talks

• Tariffs

• Military threats

What is the market's expectation regarding the outcome of the trade negotiations?

• A complete settlement

• A truce rather than a settlement

• An increase in tariffs

• No change in the current situation