U.S. Set to Delay More China Tariffs

The transcript discusses the ongoing US-China trade talks, highlighting President Trump's willingness to delay tariffs on $300 billion of Chinese goods. This decision was influenced by China's condition for attending the G20 summit. Despite some concessions, the two sides remain far from a deal, and the Trump administration is prepared to raise tariffs if necessary. The G20 summit is expected to be a platform for further discussions, though no trade deal is anticipated. The trade war's collateral damage is affecting global supply chains, with countries like South Korea and Japan experiencing shifts in trade dynamics.

What was the expectation regarding a trade deal during the G20 summit?

How are other nations reacting to the trade war and the ongoing talks?