Will Likely See Tariff Truce Extension, Says Former Deputy USTR Veroneau

The transcript discusses President Trump's plans to meet with President Xi Jinping and North Korean leader Kim Jong. It explores the potential delay in tariffs and the progress needed in negotiations led by Ambassador Light Heiser. The discussion highlights the challenges in US-China trade relations, the use of tariffs as leverage, and the complexities of altering China's industrial policy, particularly regarding technology and China 2025.

What is the main reason President Trump might delay tariffs according to the transcript?

• Because of pressure from North Korea

• To ensure a meeting with President Xi

• Due to a lack of progress in negotiations

• To strengthen the US economy

What is Ambassador Light Heiser's stance on Chinese trading policies?

• He is unaware of them

• He is critical of them

• He is indifferent to them

• He is supportive of them

Why does the US consider tariffs necessary according to the transcript?

• To increase domestic production

• To improve international relations

• To gain leverage in negotiations

• To reduce trade deficits

What is one of the challenges in reaching a compromise with China?

• Economic instability in the US

• China's reluctance to change its industrial policy

• The US's unwillingness to negotiate

• Lack of communication between leaders

What is the potential outcome if there is no meaningful progress in negotiations?

• Tariffs will be reduced

• The US will withdraw from negotiations

• Tariffs will remain and could escalate

• A new trade agreement will be signed