NFTC's Yerxa Skeptical About Trade Deal, Sees Trump Between a Rock and a Hard Place

The transcript discusses skepticism about the finalization of a trade deal with China, focusing on agricultural commitments and tariff implications. It highlights the postponement of tariffs and challenges in achieving structural reforms. The discussion also covers drafting issues and the progress of negotiations, emphasizing the uncertainty and speculation surrounding the deal.

What is the main reason for skepticism about the trade deal between the U.S. and China?

• The deal includes significant structural reforms.

• The tariffs are being removed immediately.

• There is a lack of fundamental changes and continuation of tariffs.

• The deal has been finalized and agreed upon.

What is the status of the December 15 tariffs according to the second section?

• They are still undecided and pose a risk of escalation.

• They have been agreed upon and finalized.

• They are no longer a concern for businesses.

• They have been completely removed.

What is the current state of the trade negotiations as described in the third section?

• The negotiations are complete and the deal is finalized.

• There are no issues with the drafting of the agreement.

• The negotiations are ongoing with unresolved drafting issues.

• The deal has been rejected by both parties.

What is the role of Lu in the trade negotiations?

• Lu is responsible for drafting the final agreement.

• Lu is involved in further negotiations, indicating unresolved issues.

• Lu has finalized the deal with no further involvement.

• Lu is not involved in the negotiations at all.

What is the administration's stance on the current trade negotiations?

• They are pessimistic about reaching an agreement.

• They are not commenting on the negotiations.

• They are putting a positive spin despite the lack of a final deal.

• They have given up on the negotiations.