Phase Two and Three China Deals Unlikely, Int'l Capital Strategies CEO Says

The transcript discusses the nervousness of markets in response to trade headlines, particularly regarding US-China negotiations. It highlights the anticipation of a phase one trade deal, with President Trump's commitment to moving forward. The discussion includes the strategy of reducing tariffs on a phased basis and the potential enforcement mechanisms. The transcript also covers the likelihood of future phases and structural reforms, noting that China is primarily interested in changes that benefit them, such as commodity purchases and financial services market opening, rather than the structural reforms desired by the US.

What is causing the markets to be so nervous according to the discussion?

• The stability of the current trade agreements

• The lack of any trade headlines

• The anticipation of a phase two deal

• The influence of trade-related headlines

What is a key feature of the phase one deal as discussed?

• No change in tariffs

• Increase in tariffs

• Phased reduction of tariffs

• Immediate removal of all tariffs

What is the nature of the trade negotiations discussed in the video?

• Public referendum

• Leaders level agreement

• Bilateral talks with multiple countries

• Bottom-up negotiation

What are the Chinese interests in the trade negotiations?

• Implementing structural reforms

• Increasing commodity purchases and financial services

• Expanding military capabilities

• Reducing US competitiveness

Why are structural reforms unlikely to be part of the future phases?

• They are not in China's interest

• They have already been implemented

• They are not supported by the US

• They are too costly