Who Gets Hurt More in U.S.-China Trade War?

The transcript discusses the recent US-China trade talks, highlighting the lack of progress and the potential for further escalation. It examines China's likely response to US tariffs and the impact on both economies, particularly in sensitive sectors like technology and consumer goods. The role of the Federal Reserve and political considerations, especially in the context of the upcoming US presidential election, are also explored.

What was the initial perception of the trade talks between the US and China according to Peter Navarro?

What factors contributed to the understanding that the trade negotiations would not be constructive?

How did the upcoming 70th Anniversary of the PRC affect the timeline of the trade negotiations?

What potential consequences could arise from escalating tariffs on Chinese imports?

In what ways might the political landscape in the US influence President Trump's approach to trade negotiations?