Eurasia Group Sees 60% Chance U.S. Extends China Tariff Deadline

The transcript discusses ongoing market talks between Washington and Beijing, highlighting the lack of significant agreements and the potential for a memorandum of understanding. It explores the possibility of extending the negotiation period and the implications of increased tariffs if concessions are not made. The discussion also covers China's economic strategy, including potential rate cuts by the PBOC and efforts to mitigate growth headwinds, while emphasizing Xi Jinping's focus on quality growth despite slowing economic conditions.

What is the main focus of the trade talks between Washington and Beijing?

• To increase tariffs immediately

• To end all trade relations

• To create a memorandum of understanding

• To establish a new trade agreement

What is the likelihood of tariffs being imposed on March 2nd according to the Eurasia Group?

• Already decided

• Certain

• Unlikely

• Highly likely

What is STR Lighthizer's stance if the desired trade deal is not achieved?

• To abandon the talks

• To reduce tariffs

• To increase tariffs

• To continue negotiations indefinitely

What is the PBOC considering to counteract economic slowdowns?

• Raising taxes

• Reducing exports

• Cutting interest rates

• Increasing tariffs

How does Xi Jinping view slower economic growth in China?

• As a reason to increase exports

• As acceptable if it leads to quality growth

• As a temporary setback

• As a failure of policy