Trump Hard-Liners Not Buying China Trade Promises, Prasad Says

The transcript discusses the ongoing trade negotiations between the US and China, focusing on the potential meeting between President Trump and Xi Jinping. It highlights the challenges in reaching a deal, such as skepticism over China's promises on market access and intellectual property. The economic conditions in both countries are examined, with the US showing positive stock market trends and China facing economic headwinds. The complexity of understanding Trump's negotiation strategy is also explored, considering the influence of various players within his administration.

What is one of the main challenges in reaching a trade deal between the US and China?

• US economic downturn

• Lack of interest from both countries

• Skepticism from US hardliners about China's promises

• China's refusal to negotiate

What recent economic trend is observed in the US stock market?

• A significant decline

• Stagnation

• Increased buoyancy

• No change

What economic challenges is China currently facing?

• Decreasing GDP

• Stable economic conditions

• Significant economic headwinds

• Rapid economic growth

Who is leading the current US trade negotiations with China?

• Mr. Mnuchin

• President Trump

• Xi Jinping

• Light Heiser

What has recently changed the dynamics of the US-China trade negotiations?

• A new trade representative

• A change in China's leadership

• Trump's recent tweets

• A new economic policy in China