Trade War Rhetoric Not Going Away Anytime Soon, Says Citigroup's Chua

The video discusses the escalating trade tensions between the US and China, focusing on the US's push for trade concessions and the potential impact on the US economy and political landscape. It highlights signs of a softening stance from the US, such as waivers on ZTE and reduced investment restrictions. The discussion covers the implications of tariffs on various goods and the potential for negotiation. It also explores China's possible responses, including targeting services and regulations, while balancing the need to avoid economic repercussions.

What is one of the main reasons for the increasing rhetoric between the US and China?

• US's push for China to open up its markets

• China's refusal to negotiate

• China's economic decline

• US's withdrawal from trade agreements

What recent action by the US indicates a softening stance in trade negotiations with China?

• Closing US markets to China

• Banning Chinese investments

• Waiver on ZTE

• Increasing tariffs on all Chinese goods

What is the potential impact of the $200 billion tariffs discussed in the negotiation process?

• Reduction in US exports

• Uncertainty and potential delay in economic activity

• Increased consumer spending

• Immediate economic growth

How might China respond to the US tariffs according to the discussion?

• By devaluing its currency

• By targeting existing goods and services

• By withdrawing from trade talks

• By increasing tariffs on new goods

Why does China need to be cautious in its response to US tariffs?

• To strengthen its currency

• To gain more US investments

• To increase its trade surplus

• To avoid escalating the trade war