Trade Between U.S. and China Getting Heated, Says Asia Society's Cutler

The transcript discusses the fluctuating market conditions and the implications of the US administration's tariff strategies. It highlights the potential economic fallout from increased tariffs, particularly on consumer products, and the political gamesmanship involved in US-China trade relations. The discussion also touches on the differences between US trade relations with the EU and China, and the potential impact on American consumers as tariffs increase.

In what ways could the economic fallout from tariffs affect both the US and China?

What potential reactions might American consumers have to increased tariffs on goods?