What Went Wrong in U.S.-China Trade Talks?

The video discusses the breakdown of trade negotiations between the US and China, highlighting the shift from potential agreement to increased tensions. Initially, both sides seemed committed to a deal, but recent developments, including President Trump's tariff announcement, have led to renewed brinksmanship. The video explores the possibility of extending negotiations, drawing on past instances where deadlines were postponed. The US seeks to use tariffs as leverage to secure a more favorable agreement, while China prepares countermeasures. The situation remains fluid, with potential for further escalation or resolution.

What does the term 'brinksmanship' refer to in the context of the trade negotiations?

How did the US side respond to the approaching 90-day deadline for negotiations?