U.S.-China Trade Negotiations: What We Know So Far

The transcript discusses the complexities of US-China trade negotiations, highlighting China's reluctance to change intellectual property laws and the challenges faced by the US administration. It explores the 'crazy uncle strategy' employed by Trump to pressure China and the lack of experience on both sides. The discussion also touches on the US's pattern of withdrawing from international agreements, raising concerns about the durability of any potential trade deal.

What is one of the main sticking points in the US-China trade negotiations?

• Currency manipulation issues

• China's reluctance to change intellectual property laws

• The US's refusal to negotiate

• Tariff disagreements

According to Max Baucus, what is a challenge faced by the US in negotiating with China?

• Language barriers

• Overconfidence

• Too many negotiators

• Lack of experience

What strategy does the Trump administration use to negotiate with China?

• The open-door policy

• The carrot and stick approach

• The silent treatment

• The crazy uncle strategy

What pattern of behavior is observed in the Trump administration's international agreements?

• Strengthening alliances

• Pulling out of agreements

• Signing long-term deals

• Increasing foreign aid

What is a potential risk of the US's approach to international deals?

• Temporary agreements

• Decreased trade

• Permanent alliances

• Increased tariffs