Trump Says China Deal Isn't Ready, May Be `Monumental'

The transcript discusses a significant trade agreement between the US and China, highlighting the complexities and challenges in the negotiation process. It emphasizes the role of tariffs as a key tool for enforcement and the transactional nature of the deal, which is more akin to a legal settlement. The timeline for the agreement is uncertain, with potential extensions into June, and the process is expected to continue for years.

What makes the trade agreement between the US and China described as monumental?

• It is the first trade deal between the two countries.

• It involves a unique set of circumstances and is potentially the largest deal ever.

• It focuses solely on agricultural products.

• It is a minor agreement with limited impact.

What is the main tool used by the US to enforce the trade deal with China?

• Economic sanctions

• Military intervention

• Tariffs

• Diplomatic negotiations

What is the expected timeline for the completion of the trade negotiations?

• In four to six weeks, potentially extending to June

• Within a week

• By the end of the year

• In two years

How is the trade negotiation between the US and China described in terms of its nature?

• An incredibly transactional negotiation

• A cultural exchange program

• A military agreement

• A traditional trade deal

What is the long-term expectation after the trade deal is finalized?

• A complete withdrawal of tariffs

• Immediate resolution of all issues

• A quick economic boom

• A process that will continue for many years