Eurasia Group's Hirson Sees a Trade Truce Before Midterms

The video discusses the ongoing US-China trade tensions, focusing on the tariffs imposed by both countries. It explores the potential for a truce before the US midterm elections, considering the political and economic implications. The discussion highlights President Trump's strategy to balance short-term political gains with long-term economic goals, emphasizing the need for a reset in the US-China economic relationship.

What event marked the transition from threats to actual measures in the US-China trade relations?

• The signing of a new trade agreement

• The imposition of tariffs by the US

• The withdrawal of tariffs by China

• A diplomatic meeting between the two countries

Why might a truce in the US-China trade conflict be likely before the midterms?

• To avoid economic impact on both countries

• To focus on environmental issues

• To increase tariffs on European goods

• To strengthen US-China military ties

What is one reason President Trump might want to de-escalate the trade conflict before the midterms?

• To gain cooperation from China on North Korea

• To increase tariffs on European goods

• To focus on environmental issues

• To strengthen US-China military ties

What is the US administration's long-term goal regarding its economic relationship with China?

• To maintain the status quo

• To reset the economic relationship

• To increase military cooperation

• To focus on environmental issues

What does the new normal for US-China trade relations involve according to the transcript?

• Ongoing trade and investment disputes

• Focus on environmental issues

• A complete resolution of trade disputes

• Increased military cooperation