U.S.-China Trade Conflict: A Realistic Update
The U.S. and China are holding a new round of talks this week in an attempt to end the so-called "trade war." These talks come on the heels of recent US indictments against Huawei, the massive Chinese telecom company.
Derek Scissors, Resident Scholar at the American Enterprise Institute (AEI), chief economist of the China Beige Book, joins the WarCast to discuss what's really happening and the deeper challenges that make a truly equitable resolution tough.
[ 0:17 ] Introduction
[ 0:42 ] The conflict isn't just a trade dispute
[ 1:32 ] The argument for decoupling from China
[ 3:32 ] Impact of Huawei indictments
[ 5:48 ] Plausible scenarios of trade dispute talks
[ 7:48 ] Getting the U.S. to "Yes"
[ 10:32 ] Who's winning