Posen Says Trade Deal Will Not Satisfy Anyone Politically

The transcript discusses the potential US-China trade deal, focusing on its economic and political implications. It highlights the importance of intellectual property and technology transfer issues, and the impact on Chinese and global markets. The role of the WTO and the preference for bilateral over multilateral deals are examined. The future of US trade relations with Japan, Europe, and the UK is also considered, emphasizing the challenges and uncertainties involved.

What is considered a more fundamental issue than tariffs in the US-China trade discussions?

• Military cooperation

• Agricultural exports

• Intellectual property and technology transfer

• Currency exchange rates

Which market is expected to benefit the most from reduced trade tensions according to the discussion?

• European markets

• US markets

• Middle Eastern markets

• Chinese and emerging markets

What is the role of the WTO in the context of the US-China trade deal?

• To manage military alliances

• To regulate currency exchange

• To facilitate multilateral trade discussions

• To enforce bilateral agreements

How might the UK's exit from the EU affect its trade relations with the US?

• It will strengthen the UK's position

• It will make the UK more vulnerable to US trade policies

• It will have no impact

• It will lead to immediate trade agreements

What is a potential consequence of the US focusing on bilateral rather than multilateral trade deals?

• Increased global cooperation

• More efficient trade agreements

• Greater uncertainty and disruption

• Stronger economic growth