UBS's Yu Says Trump Acquiesced on One-China Policy

The transcript discusses the evolving economic relations between the US and China, highlighting the potential for cooperation and the impact of political events on global markets. It examines the implications of Trump's tax plan, the strength of the US dollar, and inflation expectations. The discussion also touches on the reactions of Asian and European markets to US policies and the potential risks and opportunities for investors.

What is the significance of the dollar's strength in relation to US inflation expectations?

What are the implications of the proposed fiscal measures mentioned in the text?

How does the speaker view the impact of Trump's tweets on the market?