U.S., China Said to Explore Tariff Relief Using Failed Deal From May

The transcript discusses the breakdown of the initial US-China trade deal and the ongoing negotiations to roll back tariffs. The US is debating the extent of tariff reductions, with figures ranging from 35% to 60%. Concerns about the future phases of the deal and the impact of the Hong Kong protests on trade talks are highlighted. The protests could complicate the political landscape, making it difficult to finalize a substantial trade agreement.

What are the Chinese demands regarding tariffs in the trade talks?

• No change in current tariffs

• Introduction of new tariffs

• Immediate removal of recent tariffs

• Increase tariffs on US goods

What is the main concern in Washington regarding the tariff rollback?

• The percentage of tariffs to be rolled back

• The speed of the rollback

• The impact on US exports

• The introduction of new tariffs

What logistical challenge is mentioned regarding the signing of the trade deal?

• US refusal to sign the deal

• President Xi's travel restrictions

• Chinese demand for a new location

• Lack of agreement on terms

How might the Hong Kong protests affect the trade talks?

• They have no impact

• They will lead to new tariffs

• They could make a trade deal more difficult

• They will speed up the negotiations

What is the stance of the US political parties on the Hong Kong Human Rights and Democracy Act?

• Only Republicans support it

• Both parties support it

• Neither party supports it

• Only Democrats support it