No Desire on Part of U.S. to De-Escalate, Says Mandelson

The video discusses the US-China trade conflict, focusing on President Trump's efforts to change China's industrial policy. It highlights the cultural dissonance between the two nations and the challenges in negotiation. The video also explores China's economic strategy, the role of the WTO, and potential solutions. It warns of the global economic impact and the need for rules-based solutions.

What does the speaker believe about the feasibility of reversing the restructuring of global supply chains?

How does the speaker characterize the political climate in the US regarding de-escalation with China?

What reforms is President Xi Jinping pursuing in China's economy according to the text?