Genie Too Far Out of the Bottle for Trump to Reverse Tariffs, Pimco's Cantrill Says

The transcript discusses the impact of current political events on Washington's business, focusing on US-China trade relations. It highlights the challenges in trade negotiations, particularly the structural issues that China is reluctant to address. The discussion also covers the imposition of tariffs by the US and the market's reaction, with a focus on President Trump's trade policies and his belief that the US is disadvantaged in trade. The likelihood of reversing scheduled tariffs is considered low due to Trump's longstanding views.

What impact does the current situation have on U.S.-China trade relations?

What is the significance of the 13th round of trade negotiations?

What are the structural issues that the Chinese have been reluctant to concede?

How have tariffs affected negotiations between the U.S. and China?

What are the expectations regarding President Trump's decisions on tariffs?