China Wants to Make a Deal on Trade, William Rhodes Says

The transcript discusses the potential for a new Cold War due to trade dynamics between the US and China. It highlights China's economic challenges, including high debt and real estate issues, and the implications of US tariffs on Chinese exports. The strategic importance of China in North Korea negotiations is also covered, along with the political and economic pressures on President Trump to reach an agreement. The involvement of key Chinese figures indicates a serious intent to resolve trade tensions.

What indicates that China is serious about reaching a trade agreement with the US?

• An increase in Chinese exports to the US

• A reduction in tariffs by China

• A public statement by Xi Jinping

• The involvement of the Vice President of China

What is one of the major economic challenges faced by China?

• High debt to GDP ratio

• Decreasing population

• Lack of foreign investments

• Low GDP growth

Why might China be hesitant to engage in a trade war with the US?

• They want to increase tariffs

• They have internal economic issues

• They rely on US technology

• They have a stronger economy

Why is US-China cooperation important in the context of North Korea?

• Most of North Korea's trade goes through China

• China provides North Korea with nuclear technology

• China is a member of the UN Security Council

• China controls North Korea's military

What domestic factors might influence President Trump's approach to the trade negotiations?

• International praise for his policies

• Support from the Chinese government

• Upcoming elections and pressure from Congress

• A strong US economy