Goldman Sees 40% Chance of U.S. Hiking Tariffs on China Friday

The transcript discusses the uncertainty surrounding US-China trade negotiations and the potential impact of increased tariffs. It highlights the market's expectations for a deal and the economic risks posed by escalating tariffs. The global economic outlook is analyzed, noting the IMF's downgraded forecast and recent positive growth indicators. The discussion also covers the dynamics of negotiation strategies and the importance of Chinese negotiators attending talks in Washington.

What factors contributed to the perception of improving economic conditions prior to the trade tensions?

What challenges do Chinese negotiators face in managing public perceptions of tariff threats?