Mobius Says Interim Trade Truce Is Best Solution for Both U.S. and China

The transcript discusses the potential for an interim trade deal between the US and China, despite the president's preference for a complete deal. It compares the trade relationship to a war with many battles, suggesting that a truce could benefit both sides. The economic drag from ongoing tensions is highlighted, with a truce potentially taking six months to resolve some issues. The shift of suppliers from China to other countries like Bangladesh and Vietnam is noted, impacting the Chinese economy more than US consumers.

What happens to suppliers in China during this economic situation?

What impact does the situation have on the Chinese economy?