New Bill Would Enshrine Trump's Huawei Blacklist

The video discusses the ongoing trade tensions between the US and China, highlighting the lack of a clear pathway to a deal due to differing preconditions. It explores the potential economic impact on China, with forecasts suggesting growth could fall below 6%. The video also covers China's strategy of diversifying away from US assets and increasing gold holdings. Additionally, it addresses new US legislation on 5G, which aims to restrict Huawei's operations in the US, reflecting broader national security concerns.

What is the main precondition set by China for a trade deal with the US?

• Removal of all existing tariffs by the US

• Establishment of a new trade agreement

• Increase in US imports from China

• Reduction in Chinese exports to the US

How might the ongoing trade tensions affect the Chinese economy according to Bloomberg Economics?

• Increase in economic growth above 6%

• Stabilization of economic growth at 6%

• Potential fall in growth below 6%

• No impact on economic growth

What financial strategy has China adopted in response to US trade tensions?

• Selling down US Treasury holdings

• Increasing US Treasury holdings

• Reducing gold reserves

• Investing in European markets

What is the purpose of the new US legislation regarding Huawei?

• To codify restrictions and prevent Huawei's removal from the blacklist

• To allow Huawei to operate freely in the US

• To promote Huawei's 5G technology in the US

• To ease restrictions on Huawei

What is the stance of the US legislators behind the Huawei bill?

• They are neutral about Huawei's presence in the US

• They want to collaborate with Huawei on 5G

• They believe Huawei is a front for the Communist Party

• They support Huawei's expansion in the US