U.S. Likely to Raise Tariffs on Chinese Goods: OMFIF's Sobel

The transcript discusses the complexities and challenges in US-China trade negotiations, highlighting skepticism about reaching a deal due to political factors and escalating rhetoric. It explores the potential impact of domestic politics on trade talks, particularly in the context of the US presidential election. The discussion also touches on the speculation around China potentially weaponizing its US Treasury holdings, concluding that such actions are unlikely due to the repercussions for China itself and the lack of viable alternatives for investment.

What was the initial outlook on the US-China trade deal six weeks ago?

• Hostile, with increasing tensions

• Neutral, with no significant developments

• Pessimistic, with no progress in sight

• Optimistic, with both sides nearing a deal

What is the speaker's view on the likelihood of tariffs between the US and China?

• They are likely to decrease

• They will remain the same

• They are likely to increase

• They will be eliminated

What is a major factor influencing the US stance on China according to the speaker?

• Electoral politics

• Cultural exchanges

• Environmental concerns

• Technological advancements

What is the potential impact of the US-China trade tensions on the 2020 US elections?

• It will have no impact

• It will be a major factor

• It will only affect local elections

• It will be resolved before the elections

Why does the speaker believe China is unlikely to weaponize its US Treasury holdings?

• The changes in holdings are too small

• China has no US Treasury holdings

• The US has banned such actions

• China has better investment options elsewhere