Trump May Be Creating World-Wide Recession With Trade War: Jeffrey Sachs

The video discusses China's remarkable economic growth over the past decades, driven by market reforms and globalization. It highlights the recent slowdown due to US trade policies under the Trump administration, which aim to isolate China. The video argues that these policies are misguided and could lead to a global recession. It also emphasizes China's technological advancements and suggests that the US should focus on cooperation rather than division.

What role does consumer confidence play in the economic situation described?

How does the speaker view the relationship between the US and China in terms of technology?

What suggestions does the speaker make regarding cooperation with China?