U.S. Asks China for new Round of Trade Talks

The transcript discusses the ongoing US-China trade negotiations, highlighting the lack of progress in previous rounds and the potential for future talks led by Treasury Secretary Steve Mnuchin. Despite the invitation for talks, skepticism remains due to the complexity of the issues and the limited concessions offered by China. The possibility of a meeting between Donald Trump and Xi Jinping at the G20 is mentioned, but significant challenges persist in reaching a consensus.

What was the outcome of the previous four rounds of US-China trade talks?

• Significant agreements were reached.

• No significant progress was made.

• Trade relations improved drastically.

• Tariffs were reduced.

Who is expected to lead the new round of US-China trade talks?

• David Malpass

• Larry Kudlow

• Steve Mnuchin

• Wang Shouwen

What has Larry Kudlow confirmed regarding the US-China trade talks?

• The talks have been canceled.

• An invitation has been sent to China.

• The talks will be held in Beijing.

• The US has withdrawn its demands.

What is a major challenge in achieving quick results from China in the trade talks?

• Insufficient US demands

• High tariffs on US goods

• Structural changes required

• Lack of communication

What has Beijing previously stated about the US's list of demands?

• They are unworkable.

• They are acceptable.

• They are beneficial.

• They are negotiable.