U.S., China Impose New Tariffs on Each Other

The transcript discusses China's response to US tariffs, highlighting the imposition of $16 billion worth of tariffs on US goods and the potential for further trade tensions. Business leaders express concerns over the impact on technological innovation and investment sentiment. The discussion also covers China's industrial policy, particularly the 'Made in China 2025' strategy, and the ongoing trade talks in Washington, which could lead to additional tariffs if no agreement is reached.

What potential solutions are business leaders looking for amidst the trade tensions?

What are the implications of the additional tariffs that could be imposed on Chinese goods?