U.S.-China Deal a Move in Right Direction: U.S. Chamber of Commerce’s Brilliant

The video discusses the importance of rolling back existing tariffs and the progress made in trade negotiations between the US and China. It highlights the significance of the phase one trade deal and the need for further progress on structural issues. The video also covers market reactions to the trade deal and expectations for tariff rollbacks, emphasizing the need for continued momentum in trade talks.

What is the significance of rolling back existing tariffs according to the speaker?

• It will lead to structural reforms in subsidies.

• It will increase the tariffs on new goods.

• It will provide a boost to the American business community.

• It will decrease the global economy's uncertainty.

What is the speaker's view on the phase one trade deal?

• It will resolve all structural issues.

• It is a step towards a broader deal.

• It will lead to immediate economic growth.

• It will not affect the relationship between the US and China.

Why does the speaker emphasize building momentum from the phase one deal?

• To finalize the deal without any further discussions.

• To avoid any changes in the current tariffs.

• To ensure progress on core issues like technology concerns.

• To delay further negotiations until after the election.

What would be considered a disappointment in terms of tariff rollbacks?

• If there is no rollback beyond the December 15th tariffs.

• If the US economy weakens.

• If tariffs on new goods are increased.

• If the Chinese economy strengthens.

What are the expectations from the trade deal according to the speaker?

• Complete removal of all tariffs.

• Concrete commitments on agricultural purchases.

• Immediate resolution of all trade issues.

• No changes in the current trade policies.